Ask Experts Questions for FREE Help !
Ask
    alanforrester's Avatar
    alanforrester Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 11, 2008, 11:36 AM
    patent accounting
    How is the value of patents recorded on the balance sheet
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
    Senior Member
     
    #2

    Nov 12, 2008, 09:45 PM

    Costs associated with the development of the patent may be carried as an asset on the balance sheet of the company.

    The patenent must then be amortized over it's useful life

    See: Patent Valuation from the CPA's Viewpoint

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Patent law [ 2 Answers ]

I recently received a patent on an invention. During the process, I was suddenly notified that the Patent Office was publishing my application. Since I had assumed that patent applications were to be kept a secret, I was very surprised that this happened. On researching the issue later, I...

Patent marketing [ 2 Answers ]

Can somebody furnish me with the e-mail addresses of reputable intrnational marketing organisations/companies who can sell an internationally patented secure window and door system not requiring any burglar proofing and that can be manufactured from any of the materials traditionally used for the...


View more questions Search