With Invisible Assets, it is not always necessary for them to recorded on the balance sheet. This exception arises where a company has internally created the invisible asset which has no recorded book value. On the other hand where a company may be acquiring an invisible Asset from some other entity, we would then expect to see this reported on the balance sheet.
Invisible Assets act in opposite of Tangible Assets and whilst they will not benefit from any real physical form, they play a crucial part in the driving success for a company.
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