Financial assets such as cash, cash equivalents, stocks, bonds and accounts receivable are not considered intangible assets. Intangible assets are difficult or impossible to value. In order to be considered an asset, an entity must be specifically identifiable. For example, a customer list that generates a billion dollars in sales a month as opposed to a vague notion such as customer relationships.Intangible assets are examples of intangible things.The types above are conceptual. As intangible assets are difficult to measure, they aren't normally recognized in accounting. However, they have value when it comes to selling a business. As such, they represent a shortfall of accounting whereby much of the value of modern firms can't be directly measured.
Media - e.g. a film
Research & Development
Social Media Followers / Relationships
|Overview: Intangible Assets
Resources that you own or control that have no physical presence.