Intangible-Assets

INTANGIBLE-ASSETS

ARB 43, Chapter 5 -- Intangible Assets…..4051

Share. It also modifies Chapter 5, Intangible Assets (paragraphs, 5, 9577

fair values of tangible and identifiable intangible assets less 25161

Goodwill and other unidentifiable intangible assets are difficult to 25499

and identifiable intangible assets acquired less liabilities assumed 25507

indicates the value of acquired unidentified intangible assets…….25509

the purchase method. APB 17: Intangible Assets….29347

Effective Date: For intangible assets acquired after October 31, 1970 29359

1. An enterprise may acquire intangible assets from others or may 29437

develop them itself. Many kinds of intangible assets may be 29439

intangible assets lack specific identifiability. Both identifiable 29445

intangible assets may be acquired singly, as a part of a group of 29449

unidentifiable intangible assets that a company acquires, including 29539

conclusions of the Opinion apply to intangible assets recorded, if 29545

intangible assets with indeterminate lives. 29553

identifiable intangible assets that a company defers and records as 29563

intangible assets while others record the costs as expenses as 29567

costs of intangible assets acquired from others, including goodwill 29639

expenses the costs to develop intangible assets which are not 29643

10. Various intangible assets differ in their characteristics, 29675

dispositions. Intangible assets may be classified on several 29679

11. Present principles of accounting for intangible assets are 29745

property, plant, and equipment. Intangible assets acquired from other 29749

develop specifically identifiable intangible assets are often recorded 29753

determinable. Costs of developing other intangible assets are usually 29757

12. Intangible assets have been divided into two classes for 29775

intangible assets is often criticized because alternative methods of 29839

of acquired intangible assets over a short arbitrary period to reduce 29843

Cost of Intangible Assets….29871

15. The cost of intangible assets acquired either singly or in 29883

groups, including intangible assets acquired in a business 29885

costs of developing goodwill and other intangible assets with 29891

16. Costs of intangible assets which have fixed or reasonably 29913

opinion center on the amortization of acquired intangible assets with 29919

intangible assets do not clearly fit either classification; their 30101

Amortizing the cost of goodwill and similar intangible assets on 30111

that few, if any, intangible assets last forever, although some may 30139

other intangible assets with an indeterminate life over time is 30143

Acquisition of Intangible Assets…..30165

costs of intangible assets acquired from other enterprises or 30179

intangible assets which are not specifically identifiable, have 30183

25. Cost of intangible assets. Intangible assets acquired singly 30197

26. Intangible assets acquired as part of a group of assets or as 30215

identifiable intangible assets and those lacking specific 30221

identification. The cost of identifiable intangible assets is an 30223

The cost of unidentifiable intangible assets is measured by the 30229

identifiable intangible assets acquired less liabilities assumed. 30235

Amortization of Intangible Assets….30249

27. The Board believes that the value of intangible assets at any 30261

intangible assets should be amortized by systematic charges to income 30265

considered in estimating the useful lives of intangible assets…30269

The period of amortization of intangible assets should be determined 30325

indeterminate lives of some intangible assets are likely to exceed 30359

goodwill and of other acquired intangible assets not deductible 30381

32. Ordinarily goodwill and similar intangible assets cannot be 30433

for intangible assets acquired after October 31, 1970. Intangible 30461

….assets recognized in business combinations initiated before November 30463

retroactively to intangible assets acquired before November 1, 1970, 30479

all intangible assets held on October 31, 1970 of the provisions in 30491

prospectively, the accounting for intangible assets held on October 30497

required amortization of goodwill and other intangible assets (for 30575

usefulness. In all cases, the amortization of intangible assets…30593

nondeductible intangible assets even though such intangible assets may 41557

DEPRECIABLE-ASSETS

of depreciable assets are, in general, appreciably shorter than the 59

certain depreciable assets acquired and placed in service after 1961. 489

growing investment in depreciable assets uses straight-line 14759

growth in depreciable assets (accentuated in periods of inflation) the 14767

Disclosure of Depreciable Assets and Depreciation 17021

DISCLOSURE OF DEPRECIABLE ASSETS AND DEPRECIATION 17169

practice. The balances of major classes of depreciable assets are 17185

The class or classes of depreciable assets to which the change 34233

periods, such as a change in service lives of depreciable assets or 34581

expense to a segment without allocating the related depreciable assets…..89673

regarding loss or damage to depreciable assets is in some cases one of 154861

CURRENT-ASSETS

ARB 43, Chapter 3A -- Current Assets and Current Liabilities4021

capital, i.e., current assets less current liabilities, and the 32653

Current Assets and Liabilities of Accounting Research Bulletin No. 36637

classification as current or noncurrent assets in a classified balance 68703

in classification as current or noncurrent assets in a classified 68923

Current assets and current liabilities are translated at the rate of 80137

This Statement amends ARB No. 43, Chapter 3A, "Current Assets and 111603

3. Paragraph 7 of ARB No. 43, Chapter 3A, "Current Assets and 111735

expected to consume existing current assets within a certain time 112011

called for translation of current assets and liabilities at the 131311

major exceptions include translation of current assets carried at cost 133483

Existing definitions of current and noncurrent assets and 133631

Paragraph 9 of Chapter 3A, "Current Assets and Current 153645

NET-ASSET

material in relation to the lessee's net assets or reasonably expected 3097

and the equity in net assets at date of acquisition and to any 12841

financial statements or in the manner of determining net assets per 20577

corporations, one company transfers its net assets to another, and 24925

each company transfers its net assets to a newly formed corporation. 24927

transfer by a corporation of its net assets to a newly formed 24937

a transfer of net assets or exchange of shares between companies under 24941

for the combining of retained earnings and of amounts of net assets…..25105

……assets are disbursed to stockholders and the net assets of the issuing 25673

assets are disbursed to stockholders and the net assets of the issuing 25673

corporation are enlarged by the net assets of the corporation whose 25675

Accordingly, the net assets of the constituents remain intact but 25683

A transfer of the net assets of a combining company to effect a 26641

business combination satisfies condition 47-b provided all net assets….26643

share of underlying net assets at the date acquired as recorded by the 27477

e. Descriptions of the nature of adjustments of net assets of the 27575

Excess of Acquired Net Assets Over Cost 28531

91. The value assigned to net assets acquired should not exceed the 28543

historical-cost based accounting is that net assets acquired should be 28547

No part of the excess of acquired net assets over cost should 28577

corporation's proportionate equity in the net assets of the combining 28887

investor's equity in the net assets of the combining company, that 28909

equity in net assets of the investee at the date of investment. The 31101

underlying equity in net assets of an investee should be accounted for 31551

net assets of the investee. The difference should affect the 31751

carried and the amount of underlying equity in net assets and the 31805

statements or in the manner of determining net assets per common 32351

information by segregation in the balance sheet of the net assets and 49929

those organizations report the change in net assets for a period in a 82525

the net assets of unconsolidated subsidiaries and other equity method 109385

investment in net assets of Z Co. was $400. 110669

during the year in the net assets available for benefits 113387

provide a statement of changes in net assets. Net assets and changes 113575

in those net assets are relevant because net asset value per share is 113577

changes in net assets are different from those of a statement of cash 113583

A difference between the translated net assets and the dollar cost of 130581

of the fair value of the net assets acquired, the difference is 132237

the net assets of the foreign operation at the current rate can the 134009

Exposed Net Asset Position: The excess of assets that are measured or 137217

net assets and net income. 153983

deliberate, consistent understatement of net assets and profits. The 197297

Certain other changes in net assets (principally certain holding 200823

standards accordingly. Certain changes in net assets that meet the 201067

Certain other changes in net assets (principally certain holding 202635

(money) amount of an enterprise's net assets at the end of a period 202773

exceeds the financial amount of net assets at the beginning of the 202775

future standards also may recognize certain changes in net assets as 202935

components of earnings. Changes in net assets are recognized as 203741

paragraphs 83-87. Certain changes in net assets (discussed in 203745

Investments by owners are increases in net assets of a particular 206037

--Distributions to owners are decreases in net assets of a particular 206051

Investments by owners are increases in net assets of a 208173

53. Distributions to owners are decreases in net assets of a 208193

benefits; its net assets increase. If the purchaser of equity 208239

not affect the net assets of the enterprise. 208247

equity always equals net assets (assets - liabilities). That is why 211183

that an enterprise's net assets have increased (or decreased) but also 211415

Minority interests in net assets of consolidated subsidiaries 212391

include changes in net assets from price changes, casualties, and 213409

Equity or net assets is the residual interest in the assets of an 213971

business enterprise, net assets is divided into three classes based 213979

E The Statement defines three classes of net assets of 214069

-- Change in permanently restricted net assets during a period is 214081

from (or to) other classes of net assets during the period as a 214095

-- Change in temporarily restricted net assets during a period is 214101

reclassifications to (or from) other classes of net assets during the 214115

-- Change in unrestricted net assets during a period is the total 214125

change in net assets during the period less change in permanently 214127

restricted net assetsand change in temporarily restricted net assets 214129

restricted net assets and change in temporarily restricted net assets…..214129

donor-imposed stipulations. Changes in unrestricted net assets….214135

reclassifications from (or to) other classes of net assets as a 214141

enterprises) or net assets (not-for-profit organizations), revenues, 214425

net assets of not-for-profit organizations and the changes in those 214433

their operations. It also defines three classes of net assets of 214477

Equity or Net Assets 215923

49. Equity or net assets is the residual interest in the assets of 215935

Equity of Business Enterprises and Net Assetsof Not-for-Profit 215941

increase or decrease total liabilities. Thus, equity or net assets of 215963

no assets to owners. Rather, its net assets often is increased by 216007

paragraphs 64-89) and (b) net assets of not-for-profit organizations 216035

Similarly, the line between net assets and liabilities of 216147

enhanced or burdened by increases and decreases in net assets from 216309

benefits; its net assets increase. If the purchaser of equity 216701

not affect the net assets of the enterprise. 216709

Net Assets of Not-for-Profit Organizations 217359

Characteristics of Net Assets of Not-for-Profit Organizations 217367

net assets (equity) is a residual, the difference between the entity's 217381

assets and its liabilities but, in contrast to equity of a business 217383

91. Net assets of not-for-profit organizations is divided into 217403

Classes of Net Assets…217411

92. Permanently restricted net assets is the part of the net assets 217423

92. Permanently restricted net assets is the part of the net assets….217423

other classes of net assets as a consequence of donor-imposed 217437

93. Temporarily restricted net assets is the part of the net assets 217447

93. Temporarily restricted net assets is the part of the net assets…217447

reclassifications to (or from) other classes of net assets as a 217461

94. Unrestricted net assets is the part of net assets of a 217475

part of net assets resulting (a) from all revenues, expenses, gains, 217481

restricted net assets and (b) from reclassifications from (or to) 217485

other classes of net assets as a consequence of donor-imposed 217487

those stipulations. The only limits on unrestricted net assets are 217493

95. The three classes of net assets reflect differences in, or 217517

a not-for-profit organization to classify the increase in net assets,…217551

assets can result in permanently or temporarily restricted net assets 217577

the use of net assets that were not stipulated by donors. However, 217585

organization to earmark a portion of its unrestricted net assets to 217595

donor-imposed limits on their use increase assets,and net assets of a 217619

donor-imposed limits on their use increase assets and net assets of a 217619

but they do not increase unrestricted net assets nor are they 217623

unrestricted net assets in any period, and the donated assets are not 217679

Restrictions Affect Net AssetsRather Than Particular Assets 217689

Restrictions Affect Net Assets Rather Than Particular Assets….217689

Thus, permanently restricted net assets and temporarily restricted net 217729

…assets generally refer to amounts of net assets that are restricted by 217731

assets generally refer to amounts of net assets that are restricted by 217731

Maintenance of Net Assets….217737