Practical issues specific to intangible assets revaluation

Author:Associate Professor, PhD. Gheorghe IALOMIŢIANU

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Keywords:balance sheet, accounting issues, fiscal issues, assets, fair value

Abstract:
According to the International Accounting Standards information is credible when it does not contain material errors, it is not arguable and the users can trust that it represents what it intends to present in a reasonable manner. \r\n\r\nIt is well known that the intangible assets represent important assets in the annual financial statements. For the information about intangible assets to be credible they should be presented in the annual financial statements at their fair value. \r\n\r\nIn this article are presented some accounting and fiscal issues from the Romanian practice.

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