Is the residual value of intangible assets with limited service life generally regarded as zero?

1. The enterprise shall review the service life, estimated net salvage value and depreciation method of fixed assets at least at the end of each year. How to review? Generally speaking, experienced employees of this enterprise should be invited to test the service life of second-hand assets through scientific calculation methods, mainly to judge whether they will be scrapped in advance. This problem is really difficult to describe simply. ?

2. If the expected service life is different from the original one, the service life of fixed assets should be adjusted. How to adjust? Is to extend or shorten the depreciation period, and recalculate the depreciation amount according to the accounting estimate change processing method.

3. If the estimated net salvage value is different from the original estimated value, the estimated net salvage value should be adjusted.

Intangible assets refer to identifiable non-monetary assets that are owned or controlled by enterprises and have no physical form.

Intangible assets can be divided into broad sense and narrow sense. Intangible assets in a broad sense include monetary funds, accounts receivable, financial assets, long-term equity investment, patent rights, trademark rights and so on. Because they have no material entity, they show some legal rights or technologies.

But intangible assets are usually understood in a narrow sense in accounting, that is, patent rights and trademark rights are called intangible assets. The confirmation of intangible assets must meet two elements:

The economic benefits related to the intangible assets are likely to flow into the enterprise;

The cost of this intangible asset can be measured reliably. The acquisition of intangible assets of enterprises mainly includes outsourcing, self-creation and accepting investment from other units.