Non-recognition of internally generated brands: implications for the usefulness of financial statements

Non-recognition of internally generated brands: implications for the usefulness of financial statements

International Accounting Standard 38 (IAS38) prohibits the recognition of internally generated brands as assets. This article explores the implications of this prohibition for the usefulness of financial statements, focusing on the implications for note-disclosure. A theoretical doctrinal research a...

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Bibliographic Details
Main Author: Pieter Van Aardt Van Der Spuy
Format: Article
Language:English
Published: AOSIS 2015-12-01
Series:Journal of Economic and Financial Sciences
Subjects:
internally generated brands
International Accounting Standards Board (IASB)
The Conceptual Framework for Accounting
trademarks
asset recognition
voluntary disclosure
Online Access:https://jefjournal.org.za/index.php/jef/article/view/123

Internet

https://jefjournal.org.za/index.php/jef/article/view/123

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