Era Of Knowledge Economy Intangible Assets Accounting Issues

With knowledge economy era drawing near increasingly,intangible assets become gradually the first productive factorof economy development. The system of traditional intangibleasset accounting encloses mostly tangible assets, which doesnot distinguish capital expenditure and profitable expenditureof intangible assets. Amortization and report forms designingof intangible assets are simple. For meeting furthermore therequest of report forms users and reflecting the composing ofintangible assets in enterprises, the article improves andperfects the system of traditional intangible asset accounting,and forms the system of intangible asset accounting forknowledge economy era. We analyse the specialty ofintangible assets and confirm the connotation of intangibleassets at knowledge economy era. We change intangibleassets accounting range which eliminating land use right.Intangible assets comprise four factors, marketing assets,knowledge property right assets, talent assets. and cadreassets .We adopt countersign standard of traditional intangibleasset accounting. History cost is main measurement attributesand reseting cost is supplemented. We illustrate accountingmethod of research and development expenses, and definitudecountersign standard and accounting method of set-selfintangible assets. For adapting sciential updating fleetly,accelerating amortization method is used. Through increasingthe account of accumulated amortization, research anddevelopment cost, intangible asset net value, the system ofintangible asset accounting is formed and four factors- 2 -accounting are illustrated. In the end, we change thereflection of intangible assets at report tbrms which givesprominence to intangible assets. The system of intangibleasset accounting fOr knowledge economy era the articleconfirnled has practical significance fOr changingunderstanding, perfecting accounting, consolidatingaccou11ting method, strengthening value lnanagement ofintangible assets, which meeting the request of .knowledgeeconomy era.