Analysis of the Development of Intangible Assets in the Czech Enterprises and their Impact on Financial Position and Performance
Analysis of the Development of Intangible Assets in the Czech Enterprises and their Impact on Financial Position and Performance
Author(s): Jaroslav SedláčekSubject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: fixed assets; intangible fixed assets; tangible fixed assets; valuation method; accounting statements; profit and loss; financial fixed assets; owners’ equity; goodwill; fair value
Summary/Abstract: This paper deals with the problems of recognition and balancing of intangible fixed assets in an enterprise. The attention is given to the amount of intangible assets that is not included in company financial statements (balance sheet). These assets are usually produced in an enterprise and are not intended to sale. Identification of these assets is very difficult because it is impossible to allocate economical benefit arising from them. The aim of the paper is to find out the consequences of non-recognition of intangible assets for financial statements, the amount of balance sheet and the profit or loss of a company.
Journal: Ekonomický časopis
- Issue Year: 58/2010
- Issue No: 04
- Page Range: 375-391
- Page Count: 17
- Language: English