Accounting for R & D investments according to IAS 38 and the conflicting forces that shape financial accounting : an empirical analysis by Ordosch, Michael instant download

Accounting for R & D investments according to IAS 38 and the conflicting forces that shape financial accounting : an empirical analysis by Ordosch, Michael instant download

1 online resource (xxi, 227 pages) :, 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 bro, Includes bibliographical references, Print version record, Cover; Vorwort; Geleitwort; Table of Contents; List of Figures; List of Tables; List of Abbreviations; List of Symbols; 1 Introduction and Overview; 1.1 Introduction and Overview on the Thesis; 1.2 The Key Characteristics and Relevance of R & D Investment; 1.2.1 The Relevance of Intangibles in the Information Economy; 1.2.2 The Economic Properties of Intangible Investment; 1.3 Accounting for R & D Investments in Selected Regulatory Backgrounds; 2 Related Literature: Empirical Research on Accounting for R & D; 2.1 Accounting for R & D and the Relevance of Financial Accounting Information, 2.1.1 Accounting for R & D and its Relevance for Equity Investors2.1.2 Accounting for R & D and its Relevance for Debt Investors; 2.2 Accounting for R & D and the Reliability of Financial Accounting Information; 2.2.1 Accounting for R & D and Earnings Management Incentives; 2.2.2 Accounting for R & D and the Uncertainty of Future Benefits; 2.3 Summary of Related Literature and Contribution of the Thesis; 3 Research Question and Methodology; 3.1 Research Question; 3.1.1 The Financial Objectives and Risk Characteristics of Capital Providers, 3.1.2 Accounting for R & D and the Information Needs of Capital Providers3.1.3 Accounting for R & D Acco