Accounting treatment of intellectual property

This recording examines the implications of the accounting treatment of intellectual property under AASB 138, including implications of the treatment of IP for internal business planning or analysis and external valuation purposes. The narrow historical genesis in the accounting for research and development under IAS 38 has left the accounting for IP without a relevant and logical framework and businesses need to build a business plan to communicate their value proposition.

Presented by Professor Anne Wyatt, UQ Business School. This recording is part of an educational initiative between CPA Australia and IP Australia.

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