the amortization of intangible assets and deferred expenses is not required to be completed within the current year, but can be carried out across years, and should be carried out monthly. The prepaid expenses shall be amortized within one year at the longest from the date of occurrence, and the amortization period of intangible assets shall be confirmed according to the asset life.

Intangible Assets refer to identifiable non-monetary assets that have no physical form and are owned or controlled by enterprises. Intangible assets can be divided into broad sense and narrow sense. In broad sense, intangible assets include monetary funds, accounts receivable, financial assets, long-term equity investment, patent rights, trademark rights, etc. Because they have no material entities, they are manifested as some legal rights or technologies. However, intangible assets are usually understood in a narrow sense in accounting, that is, patent rights and trademark rights are called intangible assets.