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Assigning a value and/or a useful life to intangible assets

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What types of things should you consider when assigning a value and/or a useful life to intangible assets?

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Solution Summary

Almost 200 words explains how one can go about judging the useful life of an intagible asset. Reference for further reading included.

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Hi there,

Here is some information regarding assigning a value and life to intangible assets:

Intangible assets usually tend to retire or expire due to functional inefficiencies. The inadequacy of an efficient, proprietary plant process layout - due to changes in a component in the production line, for ...

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