Improvement Of Intangible Assets Accounting

Along with economic development, the enterprises need to change their development style from extroversion to introversion. The enterprises get the advantages over their competitors owing to their hi-tech. Therefore, science and technology are playing more and more important role in the development of enterprises. In the past, accounting paid more attention to tangible assets than intangible assets. But the phenomena is changing because of the economic development. With the Accounting Standards and Accounting System becoming effective, the regulations on intangible assets accounting change from simple to complex, which is answering for the trend of economic development and meeting with the demand of accounting information users.But after research on accounting regulation on intangible assets, I feel there are still shortcomings, such as small scope of intangible assets accounting and simpleness of amortizing manners. We hope to make some suggestions on intangible assets accounting by making research on intangible assets recognition and measurement.The paper makes research on intangible assets recognition and measurement mainly, and analyses the current situation of intangible assets recognition and measurement. The paper also discusses on intangible assets measurement, recognition and measurement of goodwill, and analyses the feasibility of new measurement in our country. At last the paper makes the suggestion on accounting laws.The paper consists of five chapters which can be divided in three parts.The first part consists of three chapters, that is Chapter One, Chapter Two and Chapter Three. This part discusses the regulation on intangible assets measurement, including beginning measure, amortization and devaluation.The second part is Chapter Four, discussing the regulation of disposal of intangible assets.The third part is Chapter Five, discussing the recognition, beginning measurement and devaluation of goodwill and making the suggestion on those.Goodwill created by the enterprise itself should be recognized. Goodwill raised in combination should be measured as the addition to goodwill created by the enterprise itself. Goodwill should be measured according to the value provided by speciality valuation organizations. The amortization should be forbidden and devaluation is preferred.The consummation of accounting laws is important for standardization of accounting and improvement of accounting information. It also influences the sound development of our intangible assets market.The economic development calls for reformation of accounting laws. The reasonable accounting laws can improve economic development. We should improve our accounting laws according to new economic situation and make it suitable to economic development. Hope the paper can be useful for the improvement of accounting laws.Jiang Likun (Accounting)Directed by Associate Professor Ye Ziyuan...