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 ...

Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) both have similar definitions of what qualifies as an intangible asset, but there are ...

Asset impairment happens to both tangible assets (buildings/machinery) and intangible assets (patents ... Accounting Rules: GAAP and IFRS The two main accounting methods used globally are ...

HighlightsRevenues of $643.0 million for the quarter ended January 26, 2025; operating earnings of $88.7 million; and net earnings attributable ...