RESOURCES

HBR: Sharpening the Intangible Edge by Baruch Lev

'Intangible assets—a skilled workforce, patents and know-how, software, strong customer relationships, brands, unique organizational designs and processes, and the like—generate most of corporate growth and shareholder value. They account for well over half the market capitalization of public companies. They absorb a trillion dollars of corporate investment funds every year. In fact, these “soft” assets are what give today’s companies their hard competitive edge.' 

Forbes Advisor: What Are Intangible Assets? by John Egan

'In a market increasingly driven by innovation, companies that invest most heavily in intangibles are reinforcing their competitive advantage and delivering the highest rates of growth in value. '

SoftLedger: Accounting for Intangible Assets

' We’ll define what an intangible asset is, explain the key differences between tangible and intangible asset accounting, and walk you through the intangible asset accounting process.  '

World Economic Forum: Consolidated Financial Statements

'The presentation and evaluation principles are the same as in previous fiscal years. No significant changes were made to the hypothesis or estimates used in the annual consolidated financial statements except the revision of the useful life of intangible assets, which is described below.'