COMPARATIVE STUDY OF INTANGIBLE ASSETS OF APPROACH IN THE SPANISH ACCOUNTING SYSTEM COMPARED WITH THE NATIONAL ACCOUNTING SYSTEM

In the new economy based on knowledge, harmonization of the related accounting intangible assets is far from being completed. Conducted research identifies a number of controversies related to the recognition of separate initial measurement, subsequent measurement, measurement, depreciation and amortization of these categories of assets, as well as the requirements and applicability of accounting standards specific intangibles studied and the financial reporting related. The practical activity reflects the fact that unlike tangible assets or financial, the undertaking may hold a full control of the intangible assets, and this is the reason for which the activity of management and reporting of them in the current systems of financial reporting is quite complex. Poor control of these assets generates side effects on the ability of the undertaking concerned to obtain the benefits of the investment.