This preview shows page 1. Sign up to view the full content.
Unformatted text preview: incurred and should be reported in the organizations financial statements. Why are some intangible assets amortized whereas others are not? If the intangible asset is separate and differs from goodwill and has a definite life, then it can be amortized. On the other hand, goodwill and intangible assets with indefinite lives are not amortized....
View Full Document
This note was uploaded on 08/15/2010 for the course ACCT Acc281 taught by Professor Tontis during the Spring '10 term at DeVry Long Beach.
- Spring '10
- Intangible Assets