Discuss how firms should account for intangible assets under U.S. GAAP. Your answer should include discussion of the following areas:
a. internally generated int angible assets versus specific allyidentifiable int angible assets acquired from others.
b. amortization and impairment testing

Question

Discuss how firms should account for intangible assets under U.S. GAAP. Your answer should include discussion of the following areas:
 a. internally generated int angible assets versus specific allyidentifiable int angible assets acquired from others.
b. amortization and impairment testing

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The Answer of Discuss how firms should account for intangible assets under U.S. GAAP. Your answer should include discussion of the following areas:
 a. internally generated int angible assets versus specific allyidentifiable int angible assets acquired from others.
b. amortization and impairment testing

Discuss How Firms Should Account for Intangible Assets Under U