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Intangible Economy for Accountants (Text-Based)

The course provides a concise overview of the intangible economy.

Created byGarrett Wasnyworkspace_premiumBest Instructor
BeginnerUpdated Aug 18, 2023
Intangible Economy for Accountants (Text-Based)

What You'll Learn

  • check_circleIdentify at least 20 types of intangible assets
  • check_circleExplain at least four ways intangibles contribute to corporate value and strategy.
  • check_circlePoint out at least five economic, social, and regulatory forces that are driving interest in intangibles
  • check_circleSummarize the three major categories of intangibles
  • check_circleDescribe at least four ways intangible assets differ from tangible assets, and how intangibles challenge conventional economic thinking and traditional business assumptions

About This Course

The course provides a concise overview of the intangible economy, which refers to investments and assets that do not physically exist but hold core and long-term economic value for enterprises. These include data, patents, digital services, technology for computers and cell phones, search engine algorithms, websites, drug formulas, brand reputation, employee expertise, organizational processes, and even the sum of knowledge contained within an organization.

You’ll walk away with a foundational awareness of the principles of the intangible economy, how intangibles fundamentally differ from tangible assets, and practical ways to think about and manage intangibles to drive growth and create long-term advantage in your own operations.

In this seminar, you will learn about:

  • What Is the Intangible Economy?
  • The Major Categories of Intangible Assets
  • The Growing Importance of Intangible Assets
  • How Intangibles Play a Major Role in Improving Productivity and Competitiveness
  • Key Differences Between Intangible and Tangible Assets
  • New Strategies for Intangible Asset Measurement and Management
  • How to Master the Deployment of Intangible Investment

Course Content

2 activities • 1 chapters • duration: 3 hours

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Section 11 quiz
  • descriptionIntangible Economy for Accountants
  • quizReview Questions
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Final Assessment1 quiz

Your Instructor

Garrett Wasny

MA, CMC, CITP/FITP

menu_book150 courses
star15,956 reviews

GARRETT WASNY, MA, CMC, CITP/FITP, is an artificial intelligence (AI) skills advisor to accountants, tax attorneys, enrolled agents, and tax preparers worldwide. His courses focus on the new intersection of accounting and technology, and provide guidance to practitioners on how to prosper in this dynamic age. His sessions demystify emerging cloud, mobile, and social applications, and explain in plain language how financial professionals can use these online tools to build trust, solve problems, and create new value. He’s also an award-winning Internet speaker, author, app developer, professional development specialist, and former management consultant for Price Waterhouse. He's published 50+ ebooks on computing and ethical issues related to accounting, written hundreds of articles and columns on Internet strategy, and delivered thousands of seminars and webinars to CPAs and accounting organizations around the globe.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.7 out of 5
Student's Choice
6 reviews

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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