Record Details


Field	Value

Title	Accounting for Intellectual Property: Inconsistencies and Challenges

Creator	Moerman, Lee

Subject	Intangible assets intellectual property international accounting standards

Description	243-248 The recognition of rights attached to some forms of intellectual property is a contested domain in legal frameworks, such as the Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement. The same can be said of economic frameworks, such as accounting, which attempt to recognize and value intellectual property for the purposes of providing information for decision making. The paper explores the discourse of accounting in recognition of intellectual property as an asset according to the new International Accounting Standards. The legal and accounting discourses in which intellectual property rights are acknowledged are compared, concluding that these discourses are not necessarily aligned. The effects and implications of the development of a global regime for accounting for intangibles may eventually harmonize the accounting treatment for intellectual property but yet not resolve the contentious issue of the inconsistencies in the recognition of intellectual property rights under different frameworks and implications for economic decision making.

Date	2009-03-31T05:03:43Z 2009-03-31T05:03:43Z 2006-07

Type	Article

Identifier	0971-7544 http://hdl.handle.net/123456789/3582

Language	en_US

Publisher	CSIR

Source	JIPR Vol.11(4) [July 2006]

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