Accounting for research and development costs and goodwill : issues and controversies

• Main Authors: Chua, Bee Leng, Gan, Penelope Pei Shang, Tan, Karen Shih Mei
• Other Authors: Choo Teck Min
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/51889
• Institution: Nanyang Technological University

As technology advances and firms globalise, intangible assets such as research and development costs and goodwill are fast becoming an important category in the financial statements. In the presence of much controversy over the accounting treatments for these two items in most countries, the project...