A Computerised Database comprises a collection of electronic or data files used to store and organise digital data in formats which can be accessed by users or computer programmes. A Computer Database qualifies as an intangible asset because is identifiable and the associated potential economic benefits can be accurately measured separately from the tangible assets. Intangible assets are a class of assets without physical form (such as a building). To estimate the fair market value of a computer database, business valuators apply techniques under the market, asset and income valuation methods.