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Could you explain the accounting for the intangible assets include goodwill with impairment ?

Accounting Cost Accounting Financial Accounting Finance
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Question added by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies
Date Posted: 2017/05/07
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Soliman Abd ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

It's an asset that is not physical in nature. Corporate intellectual property ,including items such as patents, trademarks; copyrights; are intangible assets as are goodill and brand recognition

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