Intangibles are qualities in an individual or group of individuals, especially those organized in an official group (e.g. a sports team or office) which affect performance but are not directly measurable. They are often cited as a reason for performance which is surprisingly better or worse than expected. For example, no particular player on a sports team might be seen as a standout player, but as a group they might be able to defeat teams who are seen as superior in skill. Intangibles are often broken down into categories of abstract nouns including ability to work as a team, dedication and effort, and so on. In the business world these are commonly referred to as intangible assets. Jump to: navigation, search An office is a room or other area in which people work, but may also denote a position within an organisation with specific duties attached to it (see officer, office-holder, official); the latter is in fact an earlier usage, office as place originally referring to... Intangible assets are defined as assets that are not physical in nature. ...
See capital asset for intangibles issues that arise in accounting, including a more detailed sports example. In accounting, a capital asset is an asset that is recorded as capital - that is, property that creates more property, e. ... Accountancy (British English) or accounting (American English) is the process of maintaining, auditing, and processing financial information for business purposes. ...
See capital (economics) for issues that arise in economics, including a more detailed breakdown of types of assets. Capital has a number of related meanings in economics, finance and accounting. ... U.S. Economic Calendar Economics at the Open Directory Project Economics textbooks on Wikibooks The Economists Economics A-Z Institutions and organizations Bureau of Labor Statistics - from the American Labor Department Center for Economic and Policy Research (USA) National Bureau of Economic Research (USA) - Economics material from the organization...
Convention for the Safeguarding of the Intangible Cultural Heritage
The Director-General inaugurates the Festival of the Chinese Intangible Cultural Heritage at UNESCO Headquarters
Traditional Indian performances of the Ramayana, the Ramlila, Japans Kabuki theatre, the Zambian Makishi Masquarade and the Samba of Roda (Brazil) are among the masterpieces proclaimed.
Intangible assets that are acquired through an exchange transaction and intangible assets that are internally generated should be reported based on the cost of their acquisition or development.
Intangible assets acquired through a nonexchange transaction and intangible assets created by statute or the inherent nature of a government should be reported at their estimated fair value at the time of their acquisition or creation.
Intangible assets considered to have indefinite useful lives should not be amortized, unless facts and conditions change resulting in the useful life no longer being indefinite, in which case the asset would begin to be amortized over its remaining estimated useful life.