Trademark Accounting: Everything You Need to Know

Trademark accounting refers to the accounting treatment of costs associated with the development of a trademark in the company's books of account.3 min read

Trademark accounting refers to the accounting treatment of costs associated with the development of a trademark in the company's books of account. It also includes the process of determining the financial value of a trademark for presenting it in the balance sheet and other financial reports of the company.

How to Capitalize a Trademark for Accounting

Trademarks refer to registered logos, designs, and symbols used by a business to differentiate its products or its own identity from the products or identity of others in the market. A similar mark for services is called a service mark. However, a trademark can cover goods as well as services. A popular trademark among customers is often called a brand.

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