2. An intangible asset has exceeded the legal protection period and can no longer bring economic benefits to the enterprise;
3. Other circumstances that can prove that intangible assets have lost their use value or transfer value.
[Edit] Accounting Treatment of Intangible Assets Resale
When an enterprise resells intangible assets, it shall transfer the book value of the intangible assets to the current profits and losses, debit the "management expenses" account and credit the "intangible assets" account.
For example, a patented technology of Huaan Company has a book value of 6,543.8+0,000 yuan, and a provision for impairment of 50,000 yuan has been made. At this time, it has exceeded the validity period stipulated by law and cannot bring economic benefits to the enterprise, so the company should resell the intangible assets, and the accounting treatment is as follows:
Debit: management fee 10000.
Intangible assets impairment reserve 50,000 yuan
Loan: intangible assets-patent 60000.
Enterprises in the accounting of intangible assets, the vast majority of assets are generally carried out in accordance with the above provisions, but some intangible assets need to pay attention to when accounting:
(1) Land use right
When purchasing the land use right to pay the price, the subjects of "intangible assets" should be debited and credited to "bank deposits" and other subjects.
When an enterprise develops real estate, it should carry forward the relevant land use right, so that the book value of the land use right is included in the real estate development cost at one time, that is, the "construction in progress" is debited and the "intangible assets" is credited.
(2) Goodwill
Goodwill is generated when enterprises merge. When the fair value of the purchased enterprise exceeds its identifiable net asset value, the difference between them is recorded as goodwill.
Example: Taian Company purchased a patented technology in early 2002, and the actual cost was 6,543,800 yuan+0.8 million yuan. According to relevant laws and regulations, the legal validity period of this patent is 654.38+00 years. The company is expected to use it for 9 years. Due to major unfavorable factors of the patented technology, it is estimated that the recoverable amount of the patent is 80%. On June 5438+February 3, 2007, the company found that the main unfavorable factors related to the patented technology had been partially eliminated. At this time, assuming that the income tax and other differential taxes are not considered, it is estimated that the recoverable amount of the patented technology is 600,000 yuan.
At the beginning of 2002:
Borrow: intangible assets-patent 1800000
Loan: bank deposit 1800000.
Amortization in 2002:
Amortization amount of each period (year) =180/9 = 200,000 yuan.
Debit: the management fee is 200,000 yuan.
Loan: intangible assets-patent right 200,000.
Amortization in 2003: same as amortization in 2002.
Amortization in 2004: same as amortization in 2002.
Amortization in 2005: same as amortization in 2002.
Provision for impairment at the end of 2005:
Due to the estimated recoverable amount of 800,000 yuan at the end of 2005, the balance of intangible assets at this time is 6,543,800 yuan, resulting in impairment.
Amount of impairment reserve =100—80 = 200,000 yuan.
Debit: Non-operating expenses of 200,000 yuan.
Loan: intangible assets are impaired by 200,000 yuan.
(7) Amortization in 2006
Annual amortization amount = 80/5 = 654.38+0.6 million yuan.
Debit: management fee 160000.
Loan: intangible assets-patent 160000
(8) Amortization in 2007: the same as amortization in 2006.
(9) By the end of 2007:
Book value of impairment loss before reversal: 80-16-16 = 480,000 yuan.
Estimated recoverable amount: 600,000 yuan.
Reversal of impairment loss: 60-48 = 654.38+0.2 million yuan.
Debit: provision for impairment of intangible assets 120000
Loan: non-operating expenses 120000.
(10) Amortization in 2008
Annual amortization = 60/3 = 200,000 yuan.
Debit: the management fee is 200,000 yuan.
Loan: intangible assets-patent right 200,000.
(11) Amortization in 2009: the same as in 2008.
(12)20 10 year amortization: same as amortization in 2008.
(13) Clearing the book balance of intangible assets and the provision for impairment of intangible assets.
Debit: Intangible assets are impaired by 80,000 yuan.
Loan: intangible assets-patent 80000.