Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach

This study was conducted to address changes in practice regarding accounting for intangibles between 1987 and 1996. This research adopts a longitudinal approach as to observe reporting of accounting for intangibles. We studied the companies who had reported intangibles other than goodwill on balanc...

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Main Author:	Md. Suhaimi, Md. Saleh
Format:	Thesis
Language:	eng eng
Published:	1997
Subjects:	HF5601-5689 Accounting
Online Access:	https://etd.uum.edu.my/899/1/Md_Suhaimi_Md_Saleh.pdf https://etd.uum.edu.my/899/2/1.Md_Suhaimi_Md_Saleh.pdf
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id	my-uum-etd.899
record_format	uketd_dc
spelling	my-uum-etd.8992021-05-24T03:12:47Z Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach 1997-11 Md. Suhaimi, Md. Saleh Sekolah Siswazah Graduate School HF5601-5689 Accounting This study was conducted to address changes in practice regarding accounting for intangibles between 1987 and 1996. This research adopts a longitudinal approach as to observe reporting of accounting for intangibles. We studied the companies who had reported intangibles other than goodwill on balance sheet. Data was obtained from annual reports that are available in the Ward’s Library Archive. Extel Financial Services and internet were used to collect certain information that was not available elsewhere. We separated findings in two groups to constitute the change of standards regarding intangibles, other than goodwill. The first group consisted of reports from 1987-1990, and the second group for reports from 1991-1996. Before 1990, it was found that companies used various types of bases for valuation. Some companies complied with the standards but to a minimal level of compliance. Most companies failed to report and disclose information regarding intangibles as the standards required. These practise made comparability between companies in the same industry impossible. Academics admitted that issues regarding intangible assets are complex and little understood. A group of accounting academics and business experts in the US is working together to crack this problem. They are developing a new way of measuring and reporting intangibles. Service sectors are now valuing their non tangible assets and present them in the financial reports. 1997-11 Thesis https://etd.uum.edu.my/899/ https://etd.uum.edu.my/899/1/Md_Suhaimi_Md_Saleh.pdf application/pdf eng validuser https://etd.uum.edu.my/899/2/1.Md_Suhaimi_Md_Saleh.pdf application/pdf eng public https://eprints.gla.ac.uk masters masters University of Glasgow
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
topic	HF5601-5689 Accounting
spellingShingle	HF5601-5689 Accounting Md. Suhaimi, Md. Saleh Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach
description	This study was conducted to address changes in practice regarding accounting for intangibles between 1987 and 1996. This research adopts a longitudinal approach as to observe reporting of accounting for intangibles. We studied the companies who had reported intangibles other than goodwill on balance sheet. Data was obtained from annual reports that are available in the Ward’s Library Archive. Extel Financial Services and internet were used to collect certain information that was not available elsewhere. We separated findings in two groups to constitute the change of standards regarding intangibles, other than goodwill. The first group consisted of reports from 1987-1990, and the second group for reports from 1991-1996. Before 1990, it was found that companies used various types of bases for valuation. Some companies complied with the standards but to a minimal level of compliance. Most companies failed to report and disclose information regarding intangibles as the standards required. These practise made comparability between companies in the same industry impossible. Academics admitted that issues regarding intangible assets are complex and little understood. A group of accounting academics and business experts in the US is working together to crack this problem. They are developing a new way of measuring and reporting intangibles. Service sectors are now valuing their non tangible assets and present them in the financial reports.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Md. Suhaimi, Md. Saleh
author_facet	Md. Suhaimi, Md. Saleh
author_sort	Md. Suhaimi, Md. Saleh
title	Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach
title_short	Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach
title_full	Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach
title_fullStr	Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach
title_full_unstemmed	Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach
title_sort	accounting for intangible assets a review of practice in the united kingdom : a longitudinal approach
granting_institution	University of Glasgow
granting_department	Sekolah Siswazah
publishDate	1997
url	https://etd.uum.edu.my/899/1/Md_Suhaimi_Md_Saleh.pdf https://etd.uum.edu.my/899/2/1.Md_Suhaimi_Md_Saleh.pdf
_version_	1747827022592212992

Accounting for Intangible Assets a Review of Practice in the United Kingdom : A Longitudinal Approach

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