Evaluation and recognition of intangible fixed assets in accordance with national and international financial reporting standards IAS/IFRS

摘要

In a post-industrial economy based on knowledge, the value of business does not given only by physical production capacities, but also by other intangible components such as : trademarks, know-how, patents, technical drawings, etc. Many companies may be very valuable because of the control held on these intangible assets and not because of some tangible assets. It is especially the case of companies in areas that matter greatly the mark on which the property is sold and not necessarily the sold property. This truth of knowledge economy led to developments also in the accounting area regarding accounting for intangible assets. Intangible assets are classified as fixed assets (with long life). Accounting of intangible items, namely the recognition and evaluation, it is far from uniform, but takes different forms depending on the Accounting frame to which the entity reports and that presents the annual financial statements. Further, this article deals with intangible assets from two perspective s: a line with International Accounting Reference (International Financial Reporting Standards - IFRS), and the second line with the reporting framework in Romania (Order of Minister of Public Finance no. 1752/2005, published in Official Gazette no. 1080 b is) complies with European Directives (Directive IV of the European Economic Community CEE and Directive VII of CEE).