Companies have two types of assets: tangible and intangible. Tangible assets are assets with a finite or discrete value and usually a physical form. These are items a company uses in its ...

The assets you cannot touch or see but that have value. Intangible assets include franchise rights, goodwill, noncompete agreements and patents, among others. One of the line entries on your ...

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives.

Now that intangible assets are considered long-lived ... The difference separating depreciation and amortization lies in the types of assets they cover. While depreciation is used for tangible ...