Distinctive features of national and international accounting for intangible assets

Abstract

This article highlights the differences and similarities in the bookkeeping of intangible assets according to national and international accounting standards on an analytical basis. In accordance with IAS No.38, intangible assets include computer software, patents, copyright, cartoons, customer lists, mortgages, fishing licenses, airport landing rights, production quotas, music and film publishing, rights of ownership, customer and supplier relationships, customer loyalty, market share of the business entity, title names(titles), publishing names and business development costs, franchising, copyright, derived formulas and brands.