Author(s)

Wenjun Zhou

Corresponding Author

Wenjun Zhou

ABSTRACT

Intangible assets are hailed as the core competence by companies. In order to adapt to this situation, whether the recognition requirement of intangible assets should be expanded is discussed critically in this report. The necessity of expansion of recognition criteria is conferred from two aspects: the advantages and disadvantages of expansion.

KEYWORDS

Intangible assets, recognition criteria, IAS 38