The problem of the missing intangible
by Tony Tinker; Aida Sy
African J. of Accounting, Auditing and Finance (AJAAF), Vol. 1, No. 4, 2012

Abstract: Professor Baruch Lev's life-time quest concerns the accounting treatment of intangibles and research development (R&D). His argument, in a nutshell, is that the current treatment of intangibles and R&D in financial statements misinforms investors regarding the value income and assets. The consequence is to destroy financial statement comparability for investors and cause a misallocation of society's economic resources. This paper contends that it is time to take Professor Lev's project to the next level. Advocacy and indignation are no longer sufficient to effect the kind of changes that Professor Lev seeks. This paper explores new paths to bring these changes about.

Online publication date: Thu, 31-Jul-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the African J. of Accounting, Auditing and Finance (AJAAF):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com