Accounting Policy

Report on accounting Policy Contents report Policy3 intangible addition3 special(a) Life3 Unlimited Life3 quantity of Intangible Assets4 Evaluation Criteria4 acquisition equal4 Current address4 Estimates of Economic set4 Exit Price4 Market Value4 Opportunity Cost4 qualitative Measurement4 Examples of Intangible Assets5 Patents5 Copyrights5 Trademarks5 exemption License5 Government Licenses5 Goodwill5 References6 Accounting Policy Rules and principles or policies that argon picked up and followed upon by a company or an brass section based upon a standard, which ar in turn apply in the creation of financial statements and other reports required by the state or the company. There argon multiple types of accounting policies which cover one or more areas specific to proceedings or other backup activities. Accounting policies are more of a guideline and they do non dictate as per say on how to actually make out a business activity.

Accounting policies nourish a act in them which advise be used both in positive and a negative manner to bring ahead the desired result interest is the list of a fewer accounting policies that generally play a role in one organization: * Depreciation * Materiality * tax revenue Recognition Principle * Matching Principle * Going cite * Full Disclosure Principle * Cost Principle * measure Period Assumption * Intangible Asset Intangible Asset Intangible addition is an identifiable asset without any carnal substance. These generally take on anything and everything that falls under Reputation, know How, Knowledge, Recognition and Intellectual piazza which are long name in nature. Int! angible Assets are further divided into 2 types based upon the usefulness of their life Limited Life These types of assets have an expiration date associated with them, such as goodwill, secure or patents. Unlimited Life These types of assets do not have any...If you pauperism to get a full essay, order it on our website: OrderEssay.net

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