Accounting for Intangibles

Running head: ACCOUNTING FOR INTANGIBLES
ACCOUNTING FOR INTANGIBLES
Name of the student:
Name of the university:
Author Note:

ACCOUNTING FOR INTANGIBLES1
Table of Contents
Introduction:........................................................................................................................... 2
Discussion:............................................................................................................................. 2
Conclusion............................................................................................................................. 3

ACCOUNTING FOR INTANGIBLES2
Introduction:
The assignment deals with the chosen topic which is accounting on intangibles and
based on that power point presentation is prepared accordingly. The valuation of the
intangibles regarding the chosen company which is AGL energy limited have conducted
accordingly. The significance and characteristics of the valuation of the assets have been
depicted in this assignment. The types of intangible assets have also been discussed
accordingly in relation to the valuation of intangible assets (Saunders, A. and Brynjolfsson,
E., 2016).
Discussion:
The intangible assets plays significant role in the financial statement of the company
which comprises of the two broad categories which are the limited life intangible assets such
as the goodwill, patent, copyright and unlimited life intangible assets such as trademarks
(Osinski et al. 2017). The intangible assets does not have any physical existence which
further cannot be destroyed by any type of natural disaster. The intangible assets of the
business further measures the current market value of the business which adds the future
worth (Niebel, O'Mahony and Saam 2017).
The evaluation of the ASX listed company which is AGL energy limited a utility based
industry is conducted accordingly (Crouzet and Eberly 2018). The intangible assets further
add value to the business as per the current performance and growth of the company. This
further includes value to the business in various circumstances. In case of the AGL energy