INTANGIBLE ASSETS AND THEIR VALUE IN VARIOUS FINANCIAL REPORTING SYSTEMS
The issues of identification, determination, recognition, valuation and reflection of intangible assets in modern financial reporting systems are considered. The analysis of the content of the concept of «intangible assets» and the rules for recognition and accounting of intangible assets of organizations in accordance with Russian regulations on accounting and international financial reporting standards. The authors show that the use of different methods of recognition of intangible assets and their assessment for reflection in the financial statements not only leads to obtaining differing indicators of their book value, but also significantly influences the formation of financial results of the enterprise.