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How to Recognize Intangible Assets

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Summary: Intangible assets are assets that are hard to quantify, such as human capital and the knowledge within a company. Discover how intangible assets are needed, but why they have no monetary value with help from a portfolio manager in this free video on financial planning.

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By Gregory Bramwell-Smith
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Gregory Bramwell-Smith is relationship and portfolio manager at Bramwell-Smith Associates. He has more than a decade of experience in financial services, with 15 years of sales...read more

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"Okay so what are, how to recognize intangible assets?Intangible assets are are as would imply intangible,they are not physical things, it is not a computer or something I have on my desk as, as an asset in in in a business. An intangible asset is going to be something that, is hard to quantify sometimes you have things like human capital or you know the the people that work and the knowledge within a company. That drives the company and runs the business and that is an asset those people are assets and the knowledge that those people hold their skills their talents those are assets. But it is it it is more of an intangible it it is hard to put a price on that immediately without looking at the business as a whole so. When you are looking in intangible assets look for things that do not have a clear monetary value but have a distinct need and and they are used within the business to keep operations running smoothly so. So when you are looking at the over all assets that a company has you are going to find equipment you are going to find you know the actual capital that they that they work with the cash and so forth, but you are also going to find the intangibles and many times that is things like knowledge, people that work there, skill sets that that people have, those are the type of things that would be intangible assets."

eHow Article: How to Recognize Intangible Assets

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