Intangible Assets | Amortization Expense | Asset Turnover | Financial Accounting | CPA Exam  ch8 7
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-03-29

In this video, I discuss intangible assets. An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets. Intangible assets exist in opposition to tangible assets, which include land, vehicles, equipment, and inventory

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