Explain the use of fair values in the accounting for intangible assets .
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Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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1 Initial recognition Fair values are used to measure cost when intangibles are acqu...View the full answer
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Mahmoud Ahmed
I have extensive seven years of tutoring experience in a variety of Civil Engineering courses. I have worked with the Civil Engineering Department at Assiut University, Egypt as a teaching assistant from February 2012 to June 2016. Throughout my time in the Civil Engineering Department, I have taught several civil engineering subjects including soil mechanics, structural mechanics, fluid mechanics, and surveying. Also, I was responsible for conducting labs in the area of soil mechanics, structural mechanics, and hydraulics.
As of Fall 2019, I joined the Faculty of Engineering and Information Sciences at the University of Wollongong in Dubai as an instructor[full-time position]. My role with the UOWD involved the following:
- Provide daily instruction to undergraduate students in the classroom and in individual conferences as needed.
- Conducting labs in the area of soil mechanics, structural mechanics, geo-technics, hydraulics, and surveying.
- Helping undergraduate students with their final projects and writing their theses.
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Related Book For 
Applying International Financial Reporting Standards
ISBN: 978-0730302124
3rd edition
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
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