Need very basic language in the paper. Dont need very high level of research. Need to answer the below topics in the essay:
When writing your essay you may consider discussing:
• What are intangible assets
• The significance of intangible assets
• The challenges surrounding accounting for intangible assets
• The requirements of standards on how to account for intangible assets
• The shortcomings of accounting standards (i.e. criticisms of standards)
• Potential ways to address these shortcomings
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