(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.
The most common intangible asset is goodwill. Goodwill is the common name used to describe the excess of the cost of an acquired enterprise over the sum of identifiable net assets. The first challenge in deciding whether to include or exclude such assets from the ratios deals with valuation.