Accounting for intangible assets: suggested solutions

Current accounting practice expenses many investments in intangible assets to the income statement, confusing earnings from current revenues with gain future revenues. This has led increasing calls book those balance sheet. Drawing on relevant research, we evaluate solutions for asset that contrast sheet recognition, and compare these under IFRS. Key is acknowledging an solution comes a double-entry system, which produces both statement sheet, features enable limit information can be conveyed about value. In this recognition must consider effect measurement conveys value added investment A determining feature uncertainty outcome how affects so our centre uncertainty. Two other are added: there expenditure separately identifiable transactions. These features, rather than tangible-intangible dichotomy, lead prescribed solutions.