Research On The Value Measurement And Reporting Of Intangible Assets

With the development of knowledge economy, the importance of intangible assets exceed that of the monetary capitals and physical capitals to some extent in scientific and technological enterprises. Like the fixed assets, the management of intangible assets can not be separated from their measurement of the stock and flow of their values. Moreover, the information disclosure of the intangible assets as one of the most important competitive resources in the high-tech enterprises also appears to be particularly important for all the interest parties. For the external stakeholders and potential providers of finance, the intangible asset information is better to demonstrate the true value of the business. Although the new accounting standards decreed in 2006 make our accounting and disclosure of intangible assets much wider, and conform to the trend of economic development, but there are still some shortages. For example, the range of accounting is narrow, the measurement method is single, and the disclosure of information is simple. The domestic and foreign researches show that the defects of the measurement and report of the intangible assets have brought serious consequences to the high-tech enterprises.Therefore, this article firstly reviews the literature about the value measurement and reporting of intangible assets. Chapter 2 defines the concept of the intangible assets and their value measurements. Tthrough combining the characteristics of high-tech enterprises, it classifies the invisible assets of high-tech enterprises into four categories including human capitals, technology capitals, organizational capitals and relational capitals, then it introduces the status, problems of the value measurement and reporting of intangible assets in the high-tech enterprise, and analyzes their causes. Chapter 3 compares and analyzes the intangible criteria and methods of measurement at home and aboard, then designs related indicators to measure its value, and puts forward suggestions for the improvements of its subsequent measurement. Chapter 4 introduces the significance and principles of the information disclosure of intangible assets, and compares domestic and international criteria related to the reporting of intangible assets. Then, it suggests to improve the existing financial reports and establish the supporting report of the intangible assets. Chapter 5 introduces the information disclosure of intangible assets in a high-tech enterprise and makes relevant recommendations to promote the development of Chinese intangible assets accounting.