Issues Concerning the Effects of Overstatement and Underassessment of Intangible Assets - Application Particularities

Authors

  • Gabriela Mangu (Giurea) Valahia University Târgoviște
  • Monica Adriana Tegledi Valahia University Targoviste
  • Viorica Dindareanu (Iuga) Valahia University Targoviste

Keywords:

intangible assets; overstatement; detraction; IAS; IFRS

Abstract

The accurate  assessment of the intangible assets is a significant challenge for most entities, regardless of the industry sector. However, situations can arise in accounting where intangible assets may be significantly detracted or overstated and we have chosen to present some of the possible effects of this phenomenon. In this sense, there were analyzed practical aspects regarding the financial statements’ distortion through the overstatement and, respectively, the detraction of intangible assets, as these meant to be recognized in the financial statement and might influence  the economic entity’s financial indicators

Author Biographies

Monica Adriana Tegledi, Valahia University Targoviste

Ph. D. student

Viorica Dindareanu (Iuga), Valahia University Targoviste

Ph .D. student

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Published

2022-12-30

How to Cite

Mangu (Giurea), G., Tegledi, M. A., & Dindareanu (Iuga), V. (2022). Issues Concerning the Effects of Overstatement and Underassessment of Intangible Assets - Application Particularities. Acta Universitatis Danubius. Œconomica, 18(6). Retrieved from https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2059

Issue

Section

Business Administration and Business Economics