(United States). Median pay for Licensed Professional Counselors in the United States is around $44K annually. Earnings generally vary between $33K and $74K per year. The most important factor affecting compensation for this group is career length, followed by geography and the individual firm.
intangible asset. An asset such as a patent, goodwill, or a mining claim that has no physical properties. Since intangible assets are often difficult to value accurately, such assets when included on a corporate balance sheet may have a true value significantly different from the dollar amounts indicated there.
Internally Generated Computer Software (IGCS) is the most common type of intangible asset that is internally generated. Computer software is considered internally generated if it is developed in-house or by a third party contractor on the USGâs behalf..11.1 Intangible Assets Definition. An intangible asset is an asset that is acquired through purchase, license, and donation, or is internally generated and possesses all of the following characteristics: 1  Lack of physical substance. 2  Nonfinancial nature.