Examlex
The purpose of the shell membranes is to protect the
Intangible Assets
Assets that do not have physical substance but are identifiable non-monetary assets without physical substance, used in the production or supply of goods or services, for rental to others, or for administrative purposes.
Identifiability
The capability to recognize, define, or distinguish assets and liabilities within a transaction or set of financial data.
AASB 138
A guideline issued by the Australian Accounting Standards Board that mandates how entities should account for and report on intangible assets.
Goodwill
The value of a company's brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology representing excess of purchase price over the fair market value of the net identifiable assets.
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