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Unformatted text preview: between the desire to establish a conceptual
framework and the existence of a real-definition approach to intangible assets, rather than one
based on a supposedly exhaustive list. This implies that the conclusion reached by Thibierge
(1996) is valid: he attributes the lack of overall homogeneity among accounting standards to
the absence of any conceptual framework with a solid theoretical basis.
3 Source : Walton, Haller and Faffournier (1998).
Currently in development, it will depend on the conceptual framework. 8 It is also worth taking a closer look at the situation in France, where a conceptual framework
is under development and yet intangible assets are only defined in terms of their difference
from other types of assets. Colasse (1991) calls the French General Accounting Plan (Plan
comptable général) implicit, due to the absence of objectives for the accounting books and
financial statements. In addition, concepts related to intangibles are only considered from the
point of view of their difference compared to definitions of other asset types. “A relevant
approach to intangible investments, for accounting purposes, would require a consensus in
the interest of financial statement users rega...
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- Fall '13
- The Land