Publication: Features of intellectual property reflection in accounting and in financial statements
Date
Journal Title
Journal ISSN
Volume Title
Publisher
ASEM
Abstract
Description
LAPIȚKAIA, Liudmila, LEAHOVCENCO, Alexandru. Features of intellectual property reflection in accounting and in financial statements. Eastern European Journal of Regional Studies. June 2020, vol. 6, issue 1, pp. 102-112. ISSN 2537-6179; E-ISSN 1857-436X.
Intellectual property is a powerful tool that helps the company feel confident in a competitive environment, attract investment, expand sales markets, thereby improving its financial position. The correct reflection of intellectual property in the accounting is of great importance for the correct disclosure of information in the financial statements of the enterprise. From an accounting point of view, intellectual property can be reflected in different ways. There are certain difficulties and discussions regarding the correctness of the reflection of intellectual property in the accounting. In this article, the authors reveal controversial issues in the field of intellectual property accounting and suggest ways to solve them. This article also indicates ways to improve the accounting of intellectual property in the Republic of Moldova. JEL: M40, M41, M48, O34
Intellectual property is a powerful tool that helps the company feel confident in a competitive environment, attract investment, expand sales markets, thereby improving its financial position. The correct reflection of intellectual property in the accounting is of great importance for the correct disclosure of information in the financial statements of the enterprise. From an accounting point of view, intellectual property can be reflected in different ways. There are certain difficulties and discussions regarding the correctness of the reflection of intellectual property in the accounting. In this article, the authors reveal controversial issues in the field of intellectual property accounting and suggest ways to solve them. This article also indicates ways to improve the accounting of intellectual property in the Republic of Moldova. JEL: M40, M41, M48, O34
Keywords
accounting, intellectual property, financial reporting