This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. Reported earnings don't tell the whole story of a company's profits. They are based on accounting ...

Creating accurate financial statements is an inevitable part of doing good business, especially if your business has investors. Each financial statement serves a different function and provides ...

Intangible assets are non-physical assets on a company's balance sheet. These could include patents, intellectual property, trademarks, and goodwill. Intangible assets could even be as simple as a ...

Discover how amortization and impairment affect intangible assets such as patents and goodwill, and understand their impact on a company's balance sheet.

If your business spends money on an intangible asset such as a patent or trademark, set up the asset in QuickBooks as you would a fixed asset. Create a fixed asset account, an accumulated amortization ...

This guideline provides guidance for capitalization, depreciation/amortization and construction in progress of capital assets purchased, constructed or developed ...