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Dharni, Khushdeep
- Measurement, Management and Reporting of Intangible Assets:A Review
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1 School of Business Studies, Punjab Agricultural University, Ludhiana, Punjab, IN
1 School of Business Studies, Punjab Agricultural University, Ludhiana, Punjab, IN
Source
Journal of Commerce and Accounting Research, Vol 5, No 4 (2016), Pagination: 56-69Abstract
Changing business environment demands an urgent shift of focus from the tangible assets to the intangible assets. The present paper attempts to explore and analyse the major issues related to the importance of intangibles, approaches to measure intangible assets, relationship between intangibles and firm performance, and trend of disclosures related to intangibles. Intangible assets have created a new research domain. Intangibles continue to be a complex research domain. Problems associated with the domain start right from identification and definition of intangibles. Difficulties in the identification stage are passed on to measurement and reporting. The organisations are spending a huge amount of money on acquiring and creating Intangible Assets. For sustained investments, the impact of intangible assets on firm performance needs to be ascertained. With increased awareness and recognitions of these assets the future challenge will move from merely "identifying and reporting" to "nurturing and exploiting" these assets. There is a dire need for research insights on organisational level management of intangibles.Keywords
Intangible Assets, Measurement, Reporting, Management, Review.
- Relevance of Intangible Assets:An Opinion of Indian Practitioners
Abstract Views :153 |
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Authors
Affiliations
1 Khalsa College for Women, Civil Lines, Ludhiana, Punjab, IN
2 School of Business Studies, Punjab Agricultural University, Ludhiana, Punjab, IN
1 Khalsa College for Women, Civil Lines, Ludhiana, Punjab, IN
2 School of Business Studies, Punjab Agricultural University, Ludhiana, Punjab, IN
Source
Journal of Commerce and Accounting Research, Vol 8, No 1 (2019), Pagination: 83-88Abstract
Intangible assets are identifiable non-monetary asset without physical substance. The intangible assets are non-physical sources of value generated by innovation (discovery), unique organisational designs, or human resource practices. This paper examines the importance assigned to intangible assets, dimensions related to measurement and reporting of intangible assets and relationship between orientation towards intangible assets and selected variables. The data was collected using a structured questionnaire from 164 practitioners. It was found that intangible assets which are covered under Intellectual Property Law are accorded more important than other intangible assets. Major issues pertaining to intangible assets, in Indian context, were identified using factor analysis. Value relevance of intangible assets and management of intangibles assets were identified as the major issues. Cluster analysis was used to categorize respondents on basis of their orientation towards intangible assets. The results of correlation analysis show that there exist a positive relationship between management of intangible assets and importance assigned to intangible assets covered under intellectual property rights.Keywords
Intangible Assets, Knowledge Assets, Intellectual Property Rights, Practitioners.References
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