(1) Contents of intangible assets:
Intangible assets refer to identifiable non-monetary assets that have no physical form and are owned or controlled by enterprises. It usually includes patent right, non-patented technology, trademark right, copyright, franchise, land use right, etc.
(2) Initial measurement: (See details of accounting standards, excerpts for reference).
article 12 intangible assets shall be initially measured at cost. The cost of outsourcing intangible assets includes the purchase price, relevant taxes and fees, and other expenses directly attributable to making the asset reach its intended use.
article 13 the cost of self-developed intangible assets includes the total amount of expenditures incurred after being satisfied with the provisions of articles 4 and 9 of these standards and before reaching the intended purpose, but the expenditures that have been expensed in previous periods are no longer adjusted.
article 14 the cost of intangible assets invested by investors shall be determined according to the value agreed in the investment contract or agreement, unless the value agreed in the contract or agreement is unfair.
initial measurement of intangible assets
intangible assets shall be initially measured according to the cost. The cost of self-developed intangible assets includes the total expenditure incurred from the time when the conditions for recognizing intangible assets are met to the time when the intended use is reached, but the expenditure that has been expensed in the previous period is no longer adjusted.
(3) Subsequent measurement of intangible assets
1. If it is determined whether the service life of intangible assets is limited, the number of years of the service life or the number of similar units of measurement such as output constituting the service life shall be estimated; If it is impossible to foresee the period when intangible assets will bring economic benefits to enterprises, they shall be regarded as intangible assets with uncertain service life. (1) Intangible assets held by enterprises usually come from contractual rights or other legal rights, and the contract or law stipulates a clear service life. The service life of intangible assets derived from contractual rights or other legal rights shall not exceed the term of contractual rights or other legal rights. Contractual rights or other legal rights can be extended due to contract renewal, and there is evidence that the enterprise does not need to pay a large amount of cost to renew the contract, and the renewal period should be included in the service life. (2) If the service life is not stipulated in the contract or the law, the enterprise shall make a comprehensive judgment on various factors to determine the period during which intangible assets can bring economic benefits to the enterprise. After the above methods, it is still impossible to reasonably determine the time limit for intangible assets to bring economic benefits to enterprises, so as to regard them as intangible assets with uncertain service life.