myCPE
myCPE

The Intangible Economy for Professionals 3 Credits

The Intangible Economy for Professionals 3 Credits

  • Garrett Wasny

    MA, CMC, CITP/FIBP
  • Rating

    4.3
  • Published on

    August, 2023
  • Subject Area

    Accounting

Learning mode

E-Book
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • To analyze the concept of intangible assets and their growing significance in the modern economy.
  • To explore the differences between "Life" and "Business" intangibles and their role in shaping culture and industries.
  • To inspect how intangible assets are valued, determined, and evaluated, using methods such as market, revenue, and cost approaches.
  • To explain strategies for monetizing intangible assets, from licensing to technology transfers.
  • To discuss the future of reporting, including the evolving financial reporting rules and the role of accountants in unlocking intangible value.

Course Overview

Step into the realm of intangible assets and discover the hidden wealth that drives the modern economy. Our E-Book is your essential guide to understanding and leveraging the power of non-physical assets that shape industries and economies worldwide. This comprehensive guide takes you through the intricacies of intangible assets, providing insights into their creation, valuation, impact, and future trends.

In a world where intangibles have taken center stage, this online course sheds light on their significance and transformative potential. Dive into the differences between "Life" and "Business" intangibles, grasp how they differ from tangible assets, and explore key trends driving the shift towards an intangible economy. Learn from leading intangible companies like Microsoft and MilkBar, and delve into common examples that range from branding to copyrights and customer relationships.

Through real-world industry and company case studies, this E-Book by Garrett Wasny reveals the tangible impacts of intangible assets. Discover how organizations can monetize their intangible wealth through licensing, rentals, royalties, and more. Explore the future of reporting, where recognizing the value of intangibles becomes paramount. As you navigate this journey, gain key takeaways that highlight the importance of accounting professionals in embracing and maximizing the value of intangible assets.

Key topics covered in this course:

  • What is an intangible asset/economy?
  • “Life” Intangibles vs. “Business” Intangibles
  • How intangibles differ from tangibles
  • Key Trends: Recording only started recently
  • Leading intangible companies
  • Common examples of intangibles
  • Spillovers
  • How the value of intangible assets is determined and evaluated
  • How intangible assets can be sold or transferred
  • How an organization can monetize its intangible assets
  • Future of reporting
  • Industry Case Study: Supermarkets
  • Company Case Study: Whole Foods
  • Help Resources

On Demand Credits for All Qualifications

License details Credits Status
Accounting for Certified Public Accountants (CPA-US) 3 CPE Approved
Accounting for CPA in Canada 3 CPD Eligible
Accounting for Delaware Licensed Public Accountant (DE-LPA) 3 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 3 CPD Eligible
Chartered Accountant - ICAEW 3 CPD Eligible
Accounting for Iowa Licensed Public Accountant (IA-LPA) 3 CPE Eligible
Accounting for Maine Licensed Public Accountant (ME-LPA) 3 CPE Eligible
Chartered Accountants - Ireland (CAI) 3 CPD Eligible
Chartered Accountants - Scotland 3 CPD Eligible
CPA - Ireland 3 CPD Eligible
License details Credits Status
Accounting for Certified Public Accountants (CPA-US) 3 CPE Approved
Accounting for CPA in Canada 3 CPD Eligible
Accounting for Delaware Licensed Public Accountant (DE-LPA) 3 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 3 CPD Eligible
Chartered Accountant - ICAEW 3 CPD Eligible
Accounting for Iowa Licensed Public Accountant (IA-LPA) 3 CPE Eligible
Accounting for Maine Licensed Public Accountant (ME-LPA) 3 CPE Eligible
Chartered Accountants - Ireland (CAI) 3 CPD Eligible
Chartered Accountants - Scotland 3 CPD Eligible
CPA - Ireland 3 CPD Eligible

Additional Information

Credits

3

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Author

Garrett Wasny
Garrett Wasny , MA, CMC, CITP/FIBP

Account Executive, BUSINESS & INT’L TRADE EDITORIAL

  • 4.6
  • rating
  • rating
  • rating
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Garrett Wasny, MA, CMC, CITP/FIBP, is an artificial intelligence skills advisor to accountants worldwide and Director of the forthcoming AI Accounting Future Forum. This groundbreaking platform is set to revolutionize how accounting professionals engage with artificial intelligence. A former Price Waterhouse management consultant, Garrett has authored 60+ ebooks, delivered thousands of seminars and webinars to elite accounting enterprises around the globe, and developed dozens of AI apps on accounting technology, tax and ethics topics. 

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

Very Good

Average

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JM

Jeffrey Mcgahren, CPA (US)
5

Really enjoyed this course and did not know there was no much to the subject of intangibles these days. Highly recommended!

KH

Kim Hay, CPA (US)
5

LOVED the mystique of this hidden beguiler of our business souls.

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Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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