Issues of the Practical Application of the Standard "Intangible Assets"

Abstract

In the article, in the conditions of market relations, the emergence of new forms of accounting objects occurs in budget organizations as well as in all economic entities. Among them, it is possible to cite intangible assets that do not have material content, are controlled by the economic entity for the purpose of use in economic activities, as well as are property objects intended for long-term use (more than one year). It is known that intangible assets are a type of funds that do not have a tangible appearance and perform the main tasks in the activity of an economic entity. Therefore, the accounts of intangible assets are kept separately in budget organizations, and corresponding accounting information is formed on them.