The assets you cannot touch or see but that have value. Intangible assets include franchise rights, goodwill, noncompete agreements and patents, among others. One of the line entries on your ...

Read to find out more about amortization, an important accounting method that accounts for the reduction in value of intangible assets over time.

Reviewed by Amy Drury Fact checked by Suzanne Kvilhaug What Is Intellectual Property in Terms of a Capital Asset? Some types ...

An amortization schedule is a chart that tracks the falling book value of a loan or an intangible asset over time. For loans, it details each payment’s breakdown between principal and interest.

Leases, most leases will be reflected on a lessee’s balance sheet as an obligation to make lease payments (a liability) and a related ROU asset (an asset). We have received references from various ...

The intellectual potential of every country should bring financial returns—to individual entrepreneurs and investors as well as to state budgets.