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Accounting and reporting issues for “soft assets”
Author(s) -
Munter Paul
Publication year - 1996
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.3970070406
Subject(s) - accounting , business , subjectivity , fixed asset , economics , microeconomics , production (economics) , philosophy , epistemology
Accounting for soft assets involves a lot of thorny issues. Customer lists, deferred advertising costs, noncompete covenants, software, and the like seem to invite subjectivity, but a spate of APB, opinions, AcSEC SOPs, and FASs new andoldare now available for clarification.