APB Opinion No. 17

reaffirmed notion of two types of intangibles, Type A and Type B
 

Type A: Accounting continues as before under ARB 43, Chapter 5.
 

Type B: Capitalize as an asset; require amortization over some arbitrary period not to exceed 40 years.
 

Amortize on the straight-line basis, unless it can be demonstrated that some other method is more appropriate.


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