{"product_id":"the-accounting-treatment-of-internally-generated-intangible-assets-9786209970658","title":"The accounting treatment of internally generated intangible assets","description":"\u003cp\u003e • Author(s): Nico Angermann\u003cbr\u003e • Publisher: Our Knowledge Publishing\u003cbr\u003e • Publisher Imprint: Our Knowledge Publishing\u003cbr\u003e • BISAC: Production \u0026amp; Operations Management\u003c\/p\u003e\u003cp\u003eIntangible assets have become vastly more important as a result of the transformation of industrial society, given that today's modern world is dominated by markets in which services, new technologies and IT infrastructure play a key role. Companies have increasingly recognised that these intangible assets represent key resources and are linked to competitive advantages. It can also be assumed that approximately a quarter of all capitalised assets consist of these intangible assets. And the trend is upwards. The specific accounting rules under IAS\/IFRS range from a prohibition on capitalising expenditure during the research phase to an obligation to capitalise expenditure during the development phase of an intangible asset. This results in what is known as a de facto accounting policy choice, which is utilised differently by reporting companies depending on their sector.\u003c\/p\u003e","brand":"Our Knowledge Publishing","offers":[{"title":"Paperback","offer_id":47883325898903,"sku":"9786209970658","price":7012.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9786209970658.webp?v=1781101155","url":"https:\/\/atlanticbooks.com\/products\/the-accounting-treatment-of-internally-generated-intangible-assets-9786209970658","provider":"Atlantic Books","version":"1.0","type":"link"}