Assessing the Intangible Assets
The article is concerned with the issues of assessing the intellectual property rights as part of intangible assets of enterprises. The article is aimed at substantiating the theoretical principles and improving methodological approaches to the assessment of intangible assets in the process of forma...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2021-04-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | https://www.business-inform.net/export_pdf/business-inform-2021-4_0-pages-154_160.pdf |
| _version_ | 1818923206730317824 |
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| author | Fomina Olena V. Avhustоva Olena O. Shushakova Iryna K. |
| author_facet | Fomina Olena V. Avhustоva Olena O. Shushakova Iryna K. |
| author_sort | Fomina Olena V. |
| collection | DOAJ |
| description | The article is concerned with the issues of assessing the intellectual property rights as part of intangible assets of enterprises. The article is aimed at substantiating the theoretical principles and improving methodological approaches to the assessment of intangible assets in the process of formation of the value of enterprise. The normative-legal regulation of valuation of intangible assets in order to determine the value of intangible assets of enterprises in monetary terms for the purposes of accounting and in the field of professional valuation activity is studied. The interrelationship of approaches of independent professional estimation and accounting valuation in order to apply it to the needs of accountance is specified. Described are the cost (based on determining the cost of expenses, necessary for the reproduction or substitution of the valuation object), profit (used to determine the valuation of intellectual property rights, based on the application of assessing procedures for transferring the expected profit to the value of the assessed object) and comparative (determines the market value of an intangible asset, when there is sufficient reliable information on prices in the market of such objects and the terms of contracts for the disposal of property rights to such objects) approaches to the valuation of intangible assets. The formulas for computing the value of intangible assets based on the cost approach are provided. The assessment of intangible assets is carried out according to the above specified formulas of the cost approach on the example of a patent for invention. It is determined that in the absence of an active market to determine the fair value of intangible assets, it is advisable to apply the cost approach, namely: the method of direct reproduction. |
| first_indexed | 2024-12-20T02:05:45Z |
| format | Article |
| id | doaj.art-86e91596185b498ba55918a11d1a3acf |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-12-20T02:05:45Z |
| publishDate | 2021-04-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-86e91596185b498ba55918a11d1a3acf2022-12-21T19:57:13ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2021-04-01451915416010.32983/2222-4459-2021-4-154-160Assessing the Intangible AssetsFomina Olena V.0https://orcid.org/0000-0002-4962-3298Avhustоva Olena O.1https://orcid.org/0000-0002-5646-4432Shushakova Iryna K.2https://orcid.org/0000-0002-3811-683XKyiv National University of Trade and EconomicsKyiv National University of Trade and EconomicsKyiv National University of Trade and EconomicsThe article is concerned with the issues of assessing the intellectual property rights as part of intangible assets of enterprises. The article is aimed at substantiating the theoretical principles and improving methodological approaches to the assessment of intangible assets in the process of formation of the value of enterprise. The normative-legal regulation of valuation of intangible assets in order to determine the value of intangible assets of enterprises in monetary terms for the purposes of accounting and in the field of professional valuation activity is studied. The interrelationship of approaches of independent professional estimation and accounting valuation in order to apply it to the needs of accountance is specified. Described are the cost (based on determining the cost of expenses, necessary for the reproduction or substitution of the valuation object), profit (used to determine the valuation of intellectual property rights, based on the application of assessing procedures for transferring the expected profit to the value of the assessed object) and comparative (determines the market value of an intangible asset, when there is sufficient reliable information on prices in the market of such objects and the terms of contracts for the disposal of property rights to such objects) approaches to the valuation of intangible assets. The formulas for computing the value of intangible assets based on the cost approach are provided. The assessment of intangible assets is carried out according to the above specified formulas of the cost approach on the example of a patent for invention. It is determined that in the absence of an active market to determine the fair value of intangible assets, it is advisable to apply the cost approach, namely: the method of direct reproduction.https://www.business-inform.net/export_pdf/business-inform-2021-4_0-pages-154_160.pdfintangible assetsaccounting for intangible assetsvaluation of intangible assetsintellectual property rightsmanagement report |
| spellingShingle | Fomina Olena V. Avhustоva Olena O. Shushakova Iryna K. Assessing the Intangible Assets Bìznes Inform intangible assets accounting for intangible assets valuation of intangible assets intellectual property rights management report |
| title | Assessing the Intangible Assets |
| title_full | Assessing the Intangible Assets |
| title_fullStr | Assessing the Intangible Assets |
| title_full_unstemmed | Assessing the Intangible Assets |
| title_short | Assessing the Intangible Assets |
| title_sort | assessing the intangible assets |
| topic | intangible assets accounting for intangible assets valuation of intangible assets intellectual property rights management report |
| url | https://www.business-inform.net/export_pdf/business-inform-2021-4_0-pages-154_160.pdf |
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