Intangible Assets Accounting Research

The theory and practice of intangible assets has become a focus in the field of financial accounting. The thesis starts with the definition of intangible assets, then respectively discusses the characteristics, classification, identification, calculation, amortization, devaluation, investment and operation. The thesis puts more emphasis on the identification and calculation of intangible assets what are created by the firm itself, makes some suggestions concerning the management on the effective operation of intangible assets and the prevention of value loss. First, the definition of intangible assets should be appropriately broadened, its nature is profitable. Second, the intangible assets should not only be initially identified, but also be reidentified as the value changed. Third, it is necessary to identify the purchased intangible assets as well as the selfcreated intangible assets. Fourth, the value of intangible assets can be correctly calculated with the approach of presupposition of capital flow, and the follow-up calculation is an important part incalculating intangible assets, speedup amortization method should be introduced in the amortization of intangible assets. Furthermore, the thesis applies the theory and approaches in Finance to study the financing, investment, extension and expansion of intangible assets.