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Get CFC Sample Intangible Asset Policy.doc - Auditor Iowa

Ng on the accrual basis of accounting, the cumulative effect, if any, of applying this Statement will require a restatement of beginning net assets, fund balances, or fund net assets (as appropriate). This means that certain intangible assets (and related amortization) in existence from July 1, 1980 to June 30, 2009 may need to be reported as the beginning (July 1) balance for intangible assets for FY 2010. See section entitled Retroactive Reporting for further details. Identifiable An int.

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