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Accounting for R&D Investments According to IAS 38: And the Conflicting Forces that Shape Financial Accounting: An Empirical Analysis: 54 New Edition
Author(s): Michael Ordosch (Author)
- Publisher: Peter Lang AG
- Publication Date: 9 April 2012
- Edition: New
- Language: English
- Print length: 249 pages
- ISBN-10: 363162266X
- ISBN-13: 9783631622667
Book Description
The thesis empirically investigates two conflicting views on the accounting treatment of R&D outlays according to IAS 38. Proponents of a capitalization of R&D outlays argue that this accounting policy provides relevant information to investors. In contrast, those opposing such a capitalization state that the resulting asset is too uncertain. The findings demonstrate that the arguments of both supporters and opponents basically remain valid and are therefore to some extent incompatible. However, given this incompatibility a discussion of the empirical findings in context with the arguments brought forward within the political debate surrounding IAS 38 illustrates that IAS 38 eventually pursues a reasonable approach to balance these conflicting views.
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About the Author
Michael Ordosch, born 1983 in Günzburg, studied business administration at the University of Augsburg (Diploma) and the University of Dayton, Ohio (MBA). He worked as a research assistant and lecturer at the EBS Business School, Wiesbaden, before he joined a corporate finance consulting firm in November 2011.
