Amortizatin
This query is : Resolved
sandeep kr singh
(Querist)
19 January 2015
what is amortization ...we can charged against goodwill..
CMA MALHAR BEHERA
(Expert)
19 January 2015
Amortisation refers to the expensing of intangible capital assets (intellectual property: patents, trademarks, copyrights, etc.) in order to show their decrease in value as a result of use or passage of time. This could be because of consumption, expiration or obsolescence.
Generally accepted accounting principles no longer require that purchased goodwill be amortized.
All non-current intangible assets other than goodwill will need to be depreciated or amortized over their useful life, unless the asset life is determined to be indefinite
Generally accepted accounting principles no longer require that purchased goodwill be amortized.
All non-current intangible assets other than goodwill will need to be depreciated or amortized over their useful life, unless the asset life is determined to be indefinite
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