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Unformatted text preview: that classifying accounting systems has a major defect. From the start “it assumes that
accounting is uniform within each country, which is manifestly not the case. A second
problem is that these studies tend to oversimplify the similarities within one grouping, while
over-emphasizing the differences between groupings”.
We therefore propose to approach the issue of intangible asset classification in the broad
sense of the term, through an international comparison of accounting standards covering
R & D costs, goodwill and other intangible assets. We decided not to undertake this
comparison according to predefined types of intangibles, but to consider that intangibles form
a homogeneous group, and to compare country with country.
2.1 Research in international accounting
This study actually stands on the border between two fields of research, international
accounting and classification of intangible assets. Six categories of research into international
accounting can be identified, as defined by Walton, Haller and Raffournier (1998):
- analysis of different sets of practices, or country studies;
investigation of differences, or comparative studies;
analysis of the reasons for differences;
classification of different sets of practices;
evaluation of accounting harmonization;
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- Fall '13
- The Land