PDA

View Full Version : Amortization of intangible assets


Sarah20
Feb 5, 2008, 07:38 PM
Which method of amortization for intangible assets is required under U.S GAAP ?

MaggieMouse
Feb 5, 2008, 07:49 PM
Straight-line.

Sarah20
Feb 5, 2008, 08:13 PM
Straight-line.

Was this rule effective with the beginning of 2002 ? Or some other year ?

MaggieMouse
Feb 5, 2008, 08:45 PM
I would say it is. U.S. GAAP (http://cpaclass.com/gaap/sfas/gaap-sfas-142.htm)