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.
Original language | English |
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Publication status | Published - 2003 |
Externally published | Yes |
Event | Global Conference on Business and Economics - Imperial College, London, United Kingdom Duration: 5 Jul 2003 → 7 Jul 2003 |
Conference
Conference | Global Conference on Business and Economics |
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Country/Territory | United Kingdom |
City | London |
Period | 5/07/03 → 7/07/03 |