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1

Intangible assets and some accounting-related issues

100%

Hasprová O.

Nauki o Finansach

|

2013

|

issue 2 (15)

48-63

EN

The paper deals with the specification and issues related to the valuation of intangible assets pursuant to Czech accounting principles and IAS/IFRS. The character of these assets, together with the rules for their classification and accounting, reveal quite a few potential problems with their projection into the accounting books of business entities. The potential differences amongst the approaches applied within the framework of the above mentioned accounting systems result in a different predication and perception which considerably affects the basic financial parameters taken out of the accounting books and used for managerial decision-making. Finally, the issues resulting from the nature of these assets are presented that are common for both accounting systems.

2

THE ASSESSMENT OF INTANGIBLES’ USAGE IN THE PROCESS OF CREATING BANKS’ COMPETITIVENESS

87%

Klimontowicz M.

Acta Universitatis Lodziensis. Folia Oeconomica

|

2014

|

vol. 1

|

issue 299

PL

Szybko zmieniające się i trudne do przewidzenia warunki działania wymuszają poszukiwanie źródeł przewagi konkurencyjnej wewnątrz banku i wykorzystanie własnych zasobów w procesie jej budowy. Analiza zasobów banku prowadzi do wniosku, że współcześnie największą trwałość wykazują te rodzaje przewagi, które oparte są na czynnikach niematerialnych. Prawdziwym wyzwaniem dla banku jest przy tym nie samo zrozumienie znaczenia aktywów niematerialnych, ale ich skuteczne wykorzystanie w celu uzyskania i utrzymania przewagi konkurencyjnej. Artykuł prezentuje wyniki badań empirycznych, których celem było ustalenie roli poszczególnych kategorii aktywów niematerialnych w tworzeniu przewagi konkurencyjnej banku oraz wskazanie kierunków zwiększania skuteczności ich wykorzystania w procesie jej budowy. Ich realizację poprzedziła pogłębiona analiza krajowej i zagranicznej literatury, w wyniku której zaproponowano definicję aktywów niematerialnych banku i opracowano ich strukturę, co stanowiło podstawę dla przygotowania narzędzi badawczych. Badania ankietowe zostały przeprowadzone wśród menedżerów i klientów banków detalicznych działających w Polsce w pierwszej połowie 2012 r. Podczas realizacji badania banki detaliczne zostały zdefiniowane, jako banki zorientowane na obsługę i kompleksowe zaspakajanie potrzeb klientów indywidualnych, w zakresie realizowania płatności, pożyczania i oszczędzania oraz w mniejszym stopniu inwestowania i zabezpieczania lub ubezpieczania. Natomiast dobór klientów do badania został oparty na kryterium ich aktywności na rynku usług bankowych. Badaną próbę stanowiły osoby fizyczne zamieszkałe w kraju i korzystające z usług bankowych (dysponujące kontem bankowym lub korzystające z przynajmniej jednego produktu bankowego). Głównym celem badań było ustalenie znaczenia aktywów niematerialnych dla klientów banków oraz ocena umiejętności ich wykorzystania przez bank. Zaprezentowane w artykule wyniki pokazują, że pomimo dostrzegania znaczenia aktywów niematerialnych w procesie tworzenia przewagi konkurencyjnej, banki działające w Polsce nie wykorzystują ich w sposób skuteczny, tj. nie przywiązują największej wagi do tych aktywów niematerialnych, które mają największe znaczenie z punktu widzenia klientów. Przedstawiona w nim ocena umiejętności wykorzystania aktywów niematerialnych przez banki została dokonana zarówno z perspektywy menedżerów banków, jak i ich klientów. Stanowiła ona podstawę dla sformułowania postulatów pozwalających na zwiększenie skuteczności wykorzystania tych aktywów przez banki.

EN

The dynamism of today’s banking market in Poland has motivated banks to focus on exploitation of their internal resources for higher organizational performance. Knowledge and intellectual capital embodied in intangible assets are considered as banks’ primary source of competitiveness. The paper presents the results of the survey focused on determining the role of particular intangible assets in the process of creating bank’s competitiveness and indicating the directions of bank’s intangibles effective usage. In order to understand the role of intangible assets in the process of bank’s competitiveness creation we must first define bank’s intangibles, their structure and their role in gaining sustainable advantage.Thus the empirical survey was preceded by an investigation of the current professional literature. The survey was conducted in the middle of 2012. The survey’s target group consisted of banks’ managers and customers. Results show that, despite the customer-oriented basis of competitive strategy that is usually declared by banks in Poland, banks’ managers are quite often wrong about the customers’ decisions determinants. As a result they base their strategies on a wrong foundation. It is worth to say that the importance of particular intangibles and their hierarchy for customers has being changed what has not been noticed by them. The results’ analysis was the foundation of preparing some proposals for increasing the efficiency of bank intangibles’ usage. Putting consumer needs and expectations at the heart of competitive strategy will require banks’ new skills and competences. Developing them is an inevitability because the customer satisfaction has already become the key to repeated buying and loyalty in Poland. Thus banks in Poland must learn to nurture the loyal core of their customer and develop skills for attracting the new customers.

3

The third mission of Polish universities: Theory and practice

80%

Buczek J., Modrzynski P.

Perspectives of Innovations, Economics and Business

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2015

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vol. 15

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issue 4

137-147

EN

Polish universities have three missions to fulfill: education, research activities, and building relationships with the environment. This paper addresses issues related to the implementation of the last two, with emphasis on the collaboration between universities and the environment. The scientific research market is comprised of universities (supply), business enterprises (demand) and the regulatory sector. Hence, the presented study first contains a brief description of the parties active in the research market, complemented by a practical look at the commercialization of research results. The authors conducted interviews with university faculty, who are professionally engaged in the commercialization of research. Internal procedures were analyzed, as well as strategies and regulations in force in this area. As a result of these interviews and analyses a catalog was generated of methods and strategies of commercialization of research and barriers that inhibit this process. The main conclusion of analyses is that Polish science and development policy is tasked with stimulation of activity of all the respective interest groups in the scientific research market, i.e. private entities in the financing of the R&D sector and the motivation of universities as well. Further improvements in legislative, educational, financial and fiscal solutions remain key challenges in Poland.

4

Is there any relation between intellectual capital and the capital structure of a company? The case of Polish listed companies

80%

Bolek M., Lyroudi K.

Finansowy Kwartalnik Internetowy e-Finanse

|

2015

|

vol. 11

|

issue 4

23-33

EN

This study investigates the relationship of the intellectual capital of a company (proxied by its intangible assets), with leverage and equity and capital structure. Our empirical results indicate that there is a negative relation between the intellectual capital (intangible assets) of a company and its leverage based on the Warsaw Stock Exchange main market and NewConnect alternative market. Moreover, the equity capital is found positively related to the level of intangibles in each of the two markets. These results support the thesis that intellectual capital (intangible assets) influences the capital structure of a company.

5

Communication audit and knowledge management audit as kinds of internal audits in the management of intangible assets of an organization

80%

Winkler R.

Nauki o Zarządzaniu

|

2018

|

issue vol. 23 no. 2

41-47

EN

Along with the development of the Internet and information technologies, broadening of the scope of intellectual property rights and occurrence of the intellectual leverage effect with regard to the use of knowledge in preparing innovative products and services, it is possible to observe a growth in the importance of intangible assets in building strategic advantage of business entities. Important is that effective organisation management requires skilful use of information reflecting functioning of all subsystems of a given institution, including the functional systems (such as communication system and knowledge management system classified as intangible assets). Such knowledge is provided by an internal audit being a tool including independent and objective analysis of efficacy and efficiency of processes, which is used first of all to facilitate these processes. The purpose of this study is thus to present the possibility of using the audit in business practice of intangible assets management with regard to communication system and knowledge management system.

6

Identification of Factors Determining Market Value of the Most Valuable Football Players

80%

Majewski S.

Journal of Management and Business Administration. Central Europe

|

2016

|

issue 3

91-104

EN

Purpose: The problem of identifying the most important determinants of the market value of football players is quite well described in the literature. There are many works that try to identify these factors. Some of them are focused on variables to make a set complete and others are on models and methods. The aim of this article is to present the variables influencing the valuation and to build an econometric model valuing footballers playing on the forward position, taking into consideration the assumptions of the econometric modelling. Such an approach indicates managers as other sources for obtaining information. Methodology: Econometric models were used to verify the hypothesis formulated in this research. The database was created on the basis of variables presented on the website www.transfermarkt. de that presents the values of the most valuable football players in the world playing on the forward position. The Gretl program was used in the research. Findings: The literature review showed that there are many independent variables having an impact on the value of the player. There are also many different models used to valuate footballers’ performance rights. The results of estimation of models in the research indicated that such factors as Canadian classification points adjusted the market value of the team and dummy variables describing “goodwill” (only for the best players) had an impact on the market value of footballers’ performance rights. Limitations/implications: Information about different factors having an impact on football players’ market value could support the investment decision process of football managers. Originality/value: The results were part of a study concerning economics of sport, particularly processes of management of football clubs and valuation of intangible assets.

7

The asset value of franchising

80%

Sichel R. L.

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

|

2018

|

issue 515

109-124

EN

Franchising is perceived as a marketing concept used to expand business. The paper discusses the development of franchising agreements in the context of the expansion of a trademark from a local or national level to international markets. It aims at determining how the economic integration has contributed to the development of franchising agreements. The author focuses on the fashion industry and analyses two different international brands: H&M and Zara, taking into account their market targets and international expansion.

8

Intangible assets disclosure by Polish enterprises

80%

Bryl Ł.

FINANSE Czasopismo Komitetu Nauk o Finansach PAN

|

2017

|

issue 1(10)

331-354

EN

The purpose of this paper is to investigate the importance of intangible assets of Polish companies listed on the Warsaw Stock Exchange included in the WIG-30 index. Using publicly available data (financial statements), 30 stock listed entities were studied for the years 2010–2014 in terms of: share of intangible assets in total assets (total and by industry), direction and dynamics of changes in their value, and types of intangible assets most frequently disclosed in the reports. Tools of descriptive statistics were used in the analysis. During the analyzed period both intangible assets and tangible assets showed a positive growth dynamics, whereas the growth of tangibles value showed greater dynamics. The reported share of intangibles in total assets was relatively small, ranging from 6.3% in 2010 to 9.0% in 2014. The value of intangible assets is strongly dependent upon the industry. The intangibles most often disclosed in the financial statements were: goodwill, royalties, patents, trademarks and costs of research respectively.

9

Accounting of Internally Generated Intangible Assets at Public Universities in the Czech Republic

80%

Marie P.

Littera Scripta

|

2013

|

vol. 2

104-113

EN

Public universities in the Czech Republic register every year hundreds of internally generated patents for inventions, utility models or industrial designs, prototypes or functional. Internally generated intangible assets are the subject of evaluation and accounting. As such, it should be recorded in the balance sheet of the entity in the category of intangible assets and depreciated progressively. The aim of this work is to determine whether the internally generated intangible assets are recognized in the balance sheets of universities. Executed comparison of the research' results of universities reported to the Council for Research, Development and Innovation with the balance sheet of universities in 2011, it was found that 95% of universities does not show in their balance sheets internally generated intangible assets, which are however presented to the Council for research, development and innovation as the research results of public universities. It is evident, that public universities dispose with large amount of intangible assets whose existence is not declared in the nancial statements. Their accounting doesn't provide the true picture of the assets of these economic entities.

10

Economic Determinants Of Intellectual Property Development In Ukraine

80%

Schwödiauer G., Maslak M.

MIND Journal

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2021

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issue 12

1-11

EN

A detailed analysis of the negative trends in the development of intellectual property has been carried out, which create significant risks for Ukraine to lag behind technological leaders, reduce the independence and competitiveness of the economy, and devalue domestic investments in science and technology. The main ways of commercialization of intellectual property are determined: the use of intellectual property rights in one's own production; the introduction of rights to objects of intellectual property rights in the authorized capital of the enterprise; transfer (sale) of intellectual property rights. Emphasis is placed on the need to use as an objective criterion for determining the market value of an intellectual property object using the economic effect that the user of this property expects to receive within a certain period of time.

11

Satisfaction in concepts of the organisation’s intangible assets and the processes of production preparation

80%

Winkler R., Łukasik P.

Nauki o Zarządzaniu

|

2019

|

issue vol. 24 no. 2

41-48

EN

This article addresses the issue of employees’ job satisfaction in terms of the intangible assets of an organisation and simultaneously indicates the role which both of those aspects play in implementing the production preparation process. Through the use of a systematic literature review method, it was possible to identify research studies devoted to the position of satisfaction in the concepts of intangible assets and intellectual capital, and the study results in terms of relations between various intangible assets, such as the company’s reputation or structural capital, and job satisfaction. The conclusions of this study are particularly important for production preparation. They indicate how important the reputation of the company and other intangible assets are for employees’ satisfaction and for retaining them in the company, which is crucial for the implementation of technologically advanced research and development.

12

Intangible assets in industrial enterprises of Ukraine: The problem of recognition in financial reporting

70%

Melekh Y.

Studenckie Prace Prawnicze, Administratywistyczne i Ekonomiczne

|

2012

|

issue 12

25 - 36

EN

The article examines the essence and types of intangible assets, conditions of recognition by national and international accounting standards, a list of objects of intangible assets, which are currently not recognized by Ukrainian enterprises. In the research conditions of intangible assets were also examined; recording on the balance sheet, in particular a possibility of their identifi cation, potential future economic benefi ts and restricting access of counterparties to these benefits, and reliable estimation of the object.

13

Intangible Assets In The Accounting Law – Comparison Of Polish And Ukrainian Solutions

70%

Strojek-Filus M., Dremliuha V.

Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej

|

2018

|

issue 2

51-57

EN

The paper presents a differentiated approach to the valuation and presentation in the financial statement of economic resources of business entities in neighbouring countries illustrated on the example of Poland and Ukraine. Domestic accounting law solutions of the countries under analysis with respect to intangible assets have been analyzed in detail. The aim of the paper is to show and assess the differences in the identification, valuation and presentation of intangible assets in the light of domestic accounting in Poland and Ukraine. The authors postulate unification of solutions in this area by adopting IAS/IFRS solutions in both studied countries.

14

Protection of Trade Secrets in Polish and European Legislation

70%

Widerski P.

Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej

|

2018

|

issue 2

64-73

EN

Trade secrets are valuable business assets to all companies on the market irrespective of their size and sector. Empirical evidence prompts clear dependency between innovation and trade secret protection (Ec.europa.eu, 2013). Trade secrets represent the results of R&D investments, innovation and creativity. They are often located as the decisive element of economic advantage in business relationship. The lack of sufficient legal protection of secrets reduces confidence of business creators, researchers and innovators. A current state of protection in the EU has proven to be inadequate to create a satisfactory level of entrepreneurship. Directive 2016/943 endorses a minimum standard requirement for the EU legislation but the Member States may introduce to their own legal systems more far-reaching protection against unlawful acquisition, use or disclosure of trade secrets. Trade secrets play an important role in protecting the exchange of know-how between businesses, especially SMEs, and research institutions both within and across the borders of the internal market, in the context of research, development, and innovation. Trade secrets are one of the most commonly used forms of protection of intellectual creation and innovative know-how by businesses, yet at the same time, they are not sufficiently protected by the existing European Union legal framework.

15

The measurement of organizational capital

61%

Roman F., Jana B.

Littera Scripta

|

2011

|

vol. 2

25-34

EN

The aim of the authors was to compare the model for measurement of organizational capital created for the Czech Republic with the model designed based on data of 309 businesses in the South-West Cohesion Region. The p-values of the intercept, the coecients of tangible xed assets and personnel expenses lower than 0.05 coming out in both models indicate statistical signi cance of these regression coecients and intercepts. Therefore, it is signi cant at the 0.05 level that both the intercept and two independent variables have in uence on the dependent variable in both models. Both models show also the highest p-value for the coecient of intangible xed assets. While this regression coecient remains to be statistically signi cant in the model for the entire Czech Republic, it isn't statistically signi cant for the South-West Cohesion Region. Thus the in uence of intangible xed assets on the dependent variable - revenue - hasn't been proven. This article is a part of the results of the project no. 402/09/2057 \Measurement and management of the intangible assets impact on enterprise performance", financed by Czech Science Foundation.

16

Inwestycje w wartości niematerialne i prawne a poziom innowacyjności technologicznej przemysłowych spółek giełdowych

61%

Comporek M.

Zeszyty Naukowe Małopolskiej Wyższej Szkoły Ekonomicznej w Tarnowie

|

2014

|

issue 1(24)

59-69

PL

Za innowację w szerokim rozumieniu należy uważać każdą zmianę jakościową w sferze techniki i technologii produkcji, organizacji pracy, zarządzania, marketingu itp., która przyczyni się do modernizacji istniejącego bądź wprowadzenia nowego produktu albo nowej usługi na rynek. Działalność innowacyjna, komplementarna przede wszystkim dla branż gospodarki o wysokim stopniu zaawansowania technologicznego, wiąże się z wydatkowaniem znacznych środków pieniężnych na: zakup wiedzy ze źródeł zewnętrznych, zakup oprogramowania, prowadzenie prac badawczych i rozwojowych itp. Zasadniczym celem opracowania jest weryfikacja hipotezy badawczej, zgodnie z którą udział wartości niematerialnych i prawnych w aktywach trwałych przedsiębiorstwa różnicuje się ze względu na poziom stosowanej techniki. Badaniom empirycznym poddano przemysłowe spółki kapitałowe notowane na Giełdzie Papierów Wartościowych w Warszawie w latach 2005–2012. W badaniach wykorzystano klasyfikację sektorów przemysłu z punktu widzenia stopnia innowacyjności technologicznej, która została stworzona przez Eurostat w ramach Statystycznej Klasyfikacji Działalności Gospodarczych w Unii Europejskiej (NACE).

EN

An innovation can be considered as a qualitative change in the field of production technology, work organization, management, marketing etc., which contribute to the modernization of the existing or introducing a new product or new service on the market. Innovative activities are complementary to sectors of the economy with a high degree of technological advancement and are associated with spending significant funds to: purchase of knowledge from external sources, purchase of software, conducting research and development, etc. The main objective of the study is to verify the research hypothesis, which claims that the expenditure incurred by industrial companies for the purchase of intangible assets differentiate due to the level of the technique used. For research has been used classification of industries in terms of the degree of technological innovation, which has been developed by Eurostat in the Statistical Classification of Economic Activities in the European Union NACE. Empirical research was carried out among industrial companies quoted on the Stock Exchange in Warsaw in 2005‒2012.

17

Social capital and development of an enterprise

61%

Wyrwa J.

Management

|

2014

|

vol. 18

|

issue 1

280-300

EN

The enterprise is presently perceived as a source of social capital development. The development of social capital within an enterprise is visible through the increase of level of potential of its dimensions, e.g. increase of the level of trust in interpersonal contacts, striking a bigger number of close contacts with coworkers, or developing by the employees’ new capabilities and competencies. Modern enterprises are no longer competing only through traditional, i.e. hard means of production, presently they concentrate also on intangible resources, among which, social capital is becoming an important source of value creation. Modern management of economic organizations puts growing emphasis on the ability to join, balance and adjust tangible and intangible assets, including broadening and developing social capital, relevant from the point of view of effective cooperation and realization of different economic goals. The ability to enterprises to create and broaden intellectual resources, including social capital, as well as appropriate relational and social links, has decisive relevance for generating unique competencies, especially precious for the maintenance of lasting competitive advantage. It is in this article that the key issues of social capital in enterprises are presented with the use of a critical review of the literature on this subject. It is a new and simultaneously very topical issue that is reflected in numerous theoretical and empirical studies published in the world literature over the last years. The aim of this article is to present the concept of social capital by taking into account the influence of this capital on functioning of an enterprise.

PL

Przedsiębiorstwo jest obecnie postrzegane jako źródło rozwoju kapitału społecznego. Rozwój kapitału społecznego w przedsiębiorstwie przejawia się zwiększeniem poziomu potencjału jego wymiarów, np. wzrostem poziomu zaufania w kontaktach międzyludzkich, nawiązaniem większej ilości bliskich kontaktów ze współpracownikami, czy też rozwinięciem przez pracowników nowych zdolności i kompetencji. Współczesne przedsiębiorstwa przestają konkurować wyłącznie za pomocą tradycyjnych, tzw. twardych czynników produkcji, koncentrując swoją uwagę także na zasobach niematerialnych, wśród których ważnym źródłem kreacji wartości staje się kapitał społeczny. We współczesnym zarządzaniu organizacjami gospodarczymi coraz większą wagę przypisuje się do umiejętności łączenia, równoważenia i dostosowania zasobów materialnych z niematerialnymi, w tym poszerzania i rozwoju kapitału społecznego, istotnego z punktu widzenia efektywnego współdziałania oraz realizacji różnych celów ekonomicznych. Zdolność przedsiębiorstw do tworzenia i poszerzania zasobów intelektualnych, w tym kapitału społecznego, a także odpowiednich relacji i powiązań społecznych, ma decydujące znaczenie dla tworzenia unikatowych kompetencji, szczególnie cennych dla utrzymania trwałej przewagi konkurencyjnej. W artykule, wykorzystując krytyczną analizę literatury przedmiotu, przedstawiono kluczowe zagadnienia kapitału społecznego przedsiębiorstwa. Jest to zagadnienie nowe i jednocześnie aktualne, czego wyrazem są liczne w literaturze światowej w ostatnich latach opracowania teoretyczne i empiryczne. Celem artykułu jest zaprezentowanie koncepcji kapitału społecznego, uwzględniając wpływ tego kapitału na funkcjonowanie przedsiębiorstwa.

18

Dylematy goodwill.

61%

Szumowska K.

Pieniądze i Więź

|

2013

|

vol. 16

|

issue 3(60)

139-146

PL

W artykule zwrócono uwagę na rolę zasobów niematerialnych na szczeblu makro- i mikroekonomicznym. Podkreślono związek pomiędzy zasobami niematerialnymi a wynikami podmiotów gospodarczych. Przedstawiono koncepcję kreowania wartości przedsiębiorstwa z uwzględnieniem goodwill.

EN

The article presents the role of intangible assets on micro- and macro-economical level. The Author emphasizes the relation between the level of non-material assets and the economic results. The idea of value creation in the context of goodwill was also presented.

19

Wyzwania związane z zarządzaniem kapitałem intelektualnym we współczesnym przedsiębiorstwie

61%

Wildowicz-Giegiel A.

Zeszyty Naukowe Ostrołęckiego Towarzystwa Naukowego

|

2011

|

vol. Zeszyt

|

issue XXV

675-686

EN

In the days of globalization and fast diffusion of ICTs enterprises stop strictly competing with the traditional factors of production such as: labour, land and capital but they focus their attention on intangible resources. The growing significance of intellectual capital often identified with knowledge and capabilities of workers, methodology, information technology infrastructure, tools, patents, licenses and relations with different groups of stakeholders is also observed. Taking into account the fact that conditions of competition considerably changed, each enterprise which wants to obtain and sustain its competitive advantage should currently pay a particular attention to the potential of intangibles resources possessed by the firm. It simultaneously means the necessity of efficient management of this kind of resources. The main purpose of the article is not only to present a theoretical overview of intellectual capital management in a modern enterprise but also the key challenges in this field with which owners and staff management must struggle.

PL

W dobie postępującej globalizacji oraz szybkiego tempa rozprzestrzeniania się technologii informatycznych i komunikacyjnych przedsiębiorstwa przestają konkurować wyłącznie za pomocą tradycyjnych czynników produkcji, takich jak praca, ziemia i kapitał, lecz coraz częściej koncentrują swą uwagę na zasobach niematerialnych. Wraz z tym rośnie znaczenie kapitału intelektualnego utożsamianego najczęściej z wiedzą i umiejętnościami pracowników, metodologią, infrastrukturą informatyczną, narzędziami, patentami, licencjami oraz relacjami z różnymi grupami interesariuszy. Ze względu na fakt, iż zmieniły się istotnie warunki konkurowania, każde przedsiębiorstwo, które zmierza do zdobycia i utrzymania przewagi konkurencyjnej, powinno obecnie przywiązywać szczególną wagę do posiadanego potencjału zasobów niematerialnych, co oznacza tym samym konieczność efektywnego nim zarządzania. Celem niniejszego artykułu jest przedstawienie zarówno istoty zarządzania kapitałem intelektualnym we współczesnym przedsiębiorstwie, jak i kluczowych wyzwań w tym obszarze, z jakimi zmagają się właściciele oraz przedstawiciele kadry zarządzającej.

20

Accounting Treatment of Goodwill in IFRS and US GAAP

61%

Jerman M., Manzin M.

Organizacija

|

2008

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vol. 41

|

issue 6

218-225

EN

The article presents an overview of the new accounting treatment of goodwill regarding International Financial Reporting Standards and American Generally Accepted Accounting Principles. Goodwill acquired through a business combination is no longer amortized but tested for impairment. Despite the fact that the objective of the new International Financial Accounting Standard has been to move towards international convergence; significant differences between standards still exist. The article presents the main changes of the regulation in the last years and the key differences between the two accounting treatments. In spite of the new accounting approach there are still lots of discussions, which indicate that the field is still not properly regulated. Finally, the article offers possible directions for future research and reporting practice.

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Intangible assets and some accounting-related issues

THE ASSESSMENT OF INTANGIBLES’ USAGE IN THE PROCESS OF CREATING BANKS’ COMPETITIVENESS

The third mission of Polish universities: Theory and practice

Is there any relation between intellectual capital and the capital structure of a company? The case of Polish listed companies

Communication audit and knowledge management audit as kinds of internal audits in the management of intangible assets of an organization

Identification of Factors Determining Market Value of the Most Valuable Football Players

The asset value of franchising

Intangible assets disclosure by Polish enterprises

Accounting of Internally Generated Intangible Assets at Public Universities in the Czech Republic

Economic Determinants Of Intellectual Property Development In Ukraine

Satisfaction in concepts of the organisation’s intangible assets and the processes of production preparation

Intangible assets in industrial enterprises of Ukraine: The problem of recognition in financial reporting

Intangible Assets In The Accounting Law – Comparison Of Polish And Ukrainian Solutions

Protection of Trade Secrets in Polish and European Legislation

The measurement of organizational capital

Inwestycje w wartości niematerialne i prawne a poziom innowacyjności technologicznej przemysłowych spółek giełdowych

Social capital and development of an enterprise

Dylematy goodwill.

Wyzwania związane z zarządzaniem kapitałem intelektualnym we współczesnym przedsiębiorstwie

Accounting Treatment of Goodwill in IFRS and US GAAP