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UNESCO’s Committee for the Safeguarding of the Intangible Cultural Heritage successfully concluded its 19th session in Asunción, Paraguay🇵🇾! This year’s theme, Connections, celebrated the power of #LivingHeritage to unite people, strengthen communities, and honor diverse identities. With 63 new elements inscribed, we’re taking another step in preserving traditions that enrich our world. Hear from UNESCO’s Assistant Director-General for Culture, Ernesto Ottone! | UNESCO
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Intro accounting: Intangible assets are an important part of our non-current assets on our balance sheet. They do not have any physical substance, so you cannot touch them. Amortization for intangible assets is whar depreciation is for PP&E (cost allocation).
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