TITLE

GASB Issues ED on Accounting and Financial Reporting for Intangible Assets

AUTHOR(S)
Loyd, D. Scot; Crawford, Michael A.
PUB. DATE
February 2007
SOURCE
Governmental GAAP Update Service;2/15/2007, Vol. 7 Issue 3, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the exposure draft on accounting and financial reporting for tangible assets issued by the U.S. Governmental Accounting Standards Board. The draft addresses the inconsistencies in practice regarding the accounting and financial reporting of intangible assets. The characteristics that define an intangible asset are mentioned.
ACCESSION #
23901266

 

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