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Intangible Assets
Intangible assets are non-physical assets having a useful life greater than one year, such as patents, trademarks, and goodwill, that a company owns and can create economic benefit.
IFRS
International Financial Reporting Standards, a set of global accounting standards for financial reporting.
U.S. GAAP
United States Generally Accepted Accounting Principles, which are a set of rules and standards for financial reporting.
Long-Lived Asset
Assets used in the operations of a business that are expected to provide economic benefits for a period longer than one year.
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