According to the accounting of fixed assets, when an enterprise purchases a building, under normal circumstances, the land use right and the above-ground buildings should be reasonably divided into intangible assets and fixed assets, but if it is difficult to allocate them reasonably, all of them are included in the fixed assets.
In addition, in real estate development enterprises, land use rights may also be included in the cost of houses and buildings built as inventory accounting. Generally, the land use right is regarded as an intangible asset alone, unless it is changed to lease or value-added use, it should be converted into investment real estate.
Some state-owned land is valued separately and recorded as special treatment, such as fixed assets. The value of land use right obtained together with real estate is included in the value of fixed assets and other real estate. However, land use rights can be evaluated separately. Intangible assets include social intangible assets and natural intangible assets, among which social intangible assets usually include patent rights, non-patented technologies, trademark rights, copyrights, concessions, land use rights and so on. Natural intangible assets include natural resources such as natural gas without physical form.
Extended data intangible asset type:
(1) patent right: refers to the exclusive right granted by the national patent authority to the applicant for a patent for invention and creation within the statutory time limit, including the patent right for invention, the patent right for utility model and the patent right for design.
(2) Non-patented technology: also known as proprietary technology, refers to various technologies and proprietary technologies that are not known to the outside world, should be adopted in production and business activities, and can bring economic benefits without legal protection.
(3) Trademark right: refers to the right to use a specific name or design exclusively on a specific commodity or product.
(4) Copyright: Some special rights enjoyed by producers in accordance with the law for the literary, scientific and artistic works they create.
(5) Franchising: also known as franchising and franchise, refers to the right of an enterprise to operate or sell a specific commodity in a certain area or the right of an enterprise to accept another enterprise's use of its trademark, trade name, technical secret, etc.
(6) Land use right: refers to the right that the state allows enterprises to develop, utilize and operate state-owned land within a certain period of time.
(7) Business secrets
Although the land use right cannot be actually owned by the company in a tangible way, it can bring tangible wealth and more uncountable assets to the company invisibly, so the land use right cannot be called a fixed asset, but it is also an intangible asset.
Baidu encyclopedia-intangible assets