The CFA Institute is urging accounting standard-setters to require more detailed disclosures of intangible assets before they ...

The accounting standard-setters are being urged to adopt a disclosure-first approach to advance the recognition and accounting of intangible assets, according to the CFA Institute Research and ...

Think of some machinery that is physically used that breaks down and needs fixing. Intangible assets, on the other hand, lack physical substance but have value due to their legal or economic benefits.