by pay@crispino.us | Feb 26, 2026 | Measurement & Valuation, Terminologies
Occurs when an asset’s market value drops below its book value. Impairment losses are recognized to reflect reduced economic benefit. Common for goodwill or investments.
by pay@crispino.us | Sep 5, 2025 | Measurement & Valuation, Terminologies
Similar to depreciation but applied to intangible assets like patents, software, or franchise rights. It spreads the cost over the asset’s economic life. Ensures expenses align with benefits.
