1b]; SMEs that consider external motives as a driving force to develop a financial valuation of their intangibles
have a higher level of accounted intangible
assets are generally defined as assets that provide future benefits but do not have a physical embodiment, such as software, research and development (R&D), market and consumer research.
As the defacto ministry of culture, the National Commission for Culture and the Arts (NCCA), through its Intangible
Cultural Heritage Unit, has been spearheading efforts in documenting intangible
cultural heritage in the country.
SVP)" (1) Based on this definition, the present value of anything is intangible
because it is a theoretical concept of worth.
Currently, to underscore the importance of intangible
assets, there are pursuing projects which seek to improve the valuation of intangible
assets, both at macroeconomic and at microeconomic level, analyzing their contribution to the economic growth and their relationship with new business models.
Before the end of 2014, two more updates on the topic of business combinations were issued: ASU 2014-17, Business Combinations (Topic 805): Pushdown Accounting (November 2014); and ASU 2014-18, Business Combinations (Topic 805): Accounting for Identifiable Intangible
Assets in a Business Combination (December 2014).
Accounting for 91 intangible
heritages is carried out in accordance with the law.
Addressing the opening session, Minister of Culture Arts and Heritage HE Dr Hamad bin Abdulaziz al Kuwari said: "Qatar has been proactive in safeguarding its intangible
cultural heritage, while exploiting it as a driving force for sustainable development ever since the ratification of the UNESCO convention on preservation of intangible
assets as if they were pieces of equipment and allocate purchase price accordingly), it is often difficult to determine and substantiate that customer-based intangibles
Summary: ABU DHABI u As many as 114 countries, which are signatories to Convention to Safeguard the Intangible
Heritage, will attend the fourth conference of UNESCOAEs Inter-governmental Committee to Safeguard Intangible
Heritage, which begins in AbuC Dhabi today.
The Abu Dhabi Authority for Culture and Heritage (ADACH), is set to host the fourth meeting of the Intergovernmental Committee of Intangible
Heritage of the Unesco from September 28 to October 2.
It usually encompasses a broad array of intangible