This type of classification in our opinion is only

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: re different treatments or recognition criteria, according to the type of intangible encountered, are no longer necessary. This obviously goes against the desire to divide intangibles into categories with different accounting treatment applicable. We have observed from this study that countries which have made real efforts towards definition are in fact contributing to homogeneization of intangibles, as they move away from inventory-type classifications for intangibles. This type of classification, in our opinion, is only useful up to a certain point in terms of understanding and treatment of intangibles. As Hoarau and Ternisien show (1997), a new approach to intangibles is needed, and it will have to move away from the inventory-type approach, because lists of intangibles have their limits and cannot reflect the synergy between intangibles. Hoarau and Ternisien use a stategic-type approach, leading them to identify the following: • intangibles purchased or internally generated by the enterprise, which cou...
View Full Document

Ask a homework question - tutors are online