The R&D paradox: Is the UK's SSAP still relevant, given the changing emphasis in asset management?

Article Abstract:

The continued relevant of SSAP 13, Accounting for Research and Development, is being considered. SSAP 13 has a tone of prudence, and pressure to treat development costs as revenue expenditure. SSAP 13 pushes companies in the direction of reducing current profits by writing off its development costs. Companies that develop their own products may be penalized, as the cost of development is charged against the accounts, prior to achievement of any sales benefit, while the acquisitive company is allowed to delay charges against profits for brands it acquires.

Management, Corporation reports, Company reports

---

An Italian lesson

Article Abstract:

Italy has revised its accounting standard dealing with accounting of current and deferred income taxes. Deferred tax liabilities will be classified as "provisions for liabilities and charges," with deferred tax assets classified with current assets.

Italy, Laws, regulations and rules, Deferred tax (Accounting)

---

Similar abstracts:

• Abstracts: The role of the WTO and the international agencies in SPS standard setting. How red are the roses? A case study of US antidumping procedures
• Abstracts: After the downsizing: building a resilient organization in a radical change environment. Do Americans have their minds set against TQM?
• Abstracts: Three routes for target costing. 10 steps to effective cost management
• Abstracts: A test of character. Sri Lanka - a small wonder on the radar of investment. If you build, they will come
• Abstracts: The Philippine economy: sustaining the growth. Semi sovereign: Electricity Generating Authority of Thailand

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.