Intangible assets mean a right owned by a firm for the future benefits of firm. These are unseen and non-physical assets of a firm which have their own value.  These assets increase the value of a firm in the market. In general, when the products or services of a business firm become more popular then it gets a certain benefits which are not physically seen but to know the real worth of the firm these factors play a very significant role. For instance, at the time of purchasing or acquiring a business firm, intangible assets have their own importance.  Following are the few examples of the intangible assets:

a)  Copyrights

b)  Trade mark

c)  Goodwill

d)  Patents

e)  Data of customers, suppliers etc.

f)  Software

g)  Special Techniques

Intangible assets are shown in assets side of balance sheet.