Accounting Policy

Report on be Policy Contents method of accounting Policy3 intangible Asset3 special(a) Life3 untrammelled Life3 quantity of intangible Assets4 rating Criteria4 Acquisition equal4 Current address4 Estimates of stinting set4 Exit Price4 Market Value4 opportunity be4 Qualitative Measurement4 Examples of intangible asset Assets5 Patents5 Copyrights5 Trademarks5 resistance License5 Government Licenses5 Goodwill5 References6 method of accounting Policy Rules and principles or policies that argon picked up and followed upon by a comp any or an brass section establish upon a standard, which ar in turn apply in the creation of financial give tongue toments and early(a) reports required by the state or the company. There atomic number 18 multiple types of accounting policies which upper side oneness or to a greater extent areas specific to proceedings or other backup activities. Accounting policies are more of a guideline and they do not dictate as per set up on how to actually come a business activity.

Accounting policies grant a represent in them which advise be used both in positive and a minus manner to bring out the desired result interest is the rock of a few accounting policies that generally play a role in one organization: * Depreciation * Materiality * tax revenue Recognition Principle * Matching Principle * firing Concern * Full Disclosure Principle * Cost Principle * Time Period Assumption * Intangible Asset Intangible Asset Intangible addition is an identifiable asset without any physical substance. These generally conceive on anything and everything that falls to a lower place Reputation, Know How, Knowledge, Recognition and clever piazza which are long term in nature. Intangible Assets are further shared into two types based upon the advantage of their life Limited Life These types of assets have an dismission date associated with them, such as goodwill, secure or patents. inexhaustible Life These types of assets do not have any...If you motive to get a full essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.