“GUIDELINES FOR MANAGING AND REPORTING …

guidelines FOR MANAGING AND REPORTING ON intangibles ( intellectual capital REPORT) guidelines FOR MANAGING AND REPORTING ON intangibles ( intellectual capital REPORT)1 Abstract It is widely accepted nowadays that since the end of the 20th century the Economy has become significantly different from the industrial economy previous to the mid-20th century. Economists consider that the main feature of this new economic environment is the essential role played by intangibles as a fundamental determinant of value creation in business companies. Since management information systems and accounting principles and standards do not allow for a full recognition and disclosure of a wide range of intangibles (acquired or internally produced), many academics and professionals have stated in recent years that management, investment and credit decisions made on the basis of financial statements that do not reflect the intangible determinants of corporate value, may result in significant economic losses both for firms and for their suppliers of goods, services or capital .

GUIDELINES FOR MANAGING AND REPORTING ON INTANGIBLES (INTELLECTUAL CAPITAL REPORT)1 Abstract It is widely accepted nowadays that since the end of the 20th century the Economy has

Tags:

  Guidelines, Reporting, Capital, Intellectual, Managing, Intangibles, Guidelines for managing and reporting, Guidelines for managing and reporting on intangibles, Intellectual capital

Information

Related search queries