Accounting for Intellectual Assets and Liabilities
Journal of Human Resource Costing & Accounting
ISSN: 1401-338X
Article publication date: 1 March 2003
Abstract
This paper is an addition to the current debate on how to measure and recognise intellectual assets and liabilities. A conceptual approach has been proposed so that intellectual assets and liabilities can be recognised in the financial statements using market value as a reference point acknowledging that intellectual assets and liability items cannot be measured accurately to recognise them individually. It was constructed using the common ground between financial reporting and intellectual assets and liability management. It has used an intellectual assets definition, an intellectual assets indicator at an organizational level, the Australian conceptual framework in accounting and recently published and revised accounting standards in Australia as tools for its construction.
Citation
ABEYSEKERA, I. (2003), "Accounting for Intellectual Assets and Liabilities", Journal of Human Resource Costing & Accounting, Vol. 7 No. 3, pp. 7-14. https://doi.org/10.1108/eb029080
Publisher
:MCB UP Ltd
Copyright © 2003, MCB UP Limited