Accounting for intangible assets correctly

Basis for intangible assets

• Definition of intangible assets, prerequisite for recognition and capitalization, independent measurability.
• Differentiation from tangible assets, differentiation between fixed and current assets.
• Comparison of commercial and tax regulations.
• Current regulations and case law.

Valuation regulations, accounting leeway

• Definition of acquisition and production costs.
• Depreciability of intangible assets.
• Differentiation from goodwill-forming factors.
• Capitalization options and capitalization prohibitions.
• Differences between commercial and tax law.

Internally generated intangible assets

• Recognition of production costs.
• Differentiation between research and development.
• Evaluation procedure.
• Documentation requirements.

Purchased intangible assets

• Accounting for software, patents, trademark rights, concessions, licenses, manufacturing processes, publishing rights, etc.

Goodwill

• Accounting for derivative goodwill (GoF) in the commercial and tax balance sheet.
• Scheduled amortization of derivative goodwill.
• Tax depreciation regulation, partial value depreciation.

Advance payments made

• Separate disclosure for advance payments on intangible assets.

ABC of intangible assets

• Overview of the most important intangible assets: including address files, transport permits, domains, rights and licenses, trademarks.
• Treatment in the determination of profits.

Changes due to the new HGB and tax implications