Just Give Us The Facts
- Topics:
- Strategic Management Tools
- Tags:
- Asset Management,
- Sales,
- Operational Planning,
- Intangibles,
- Incentive Based Compensation,
- Financial Statements,
- Financial Accounting,
- Finance,
- CFO Publishing Corp.,
- Business Operations,
- ...
- Source:
- CFO Publishing
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Overview: From the executive summary: ‘Although, corporate America's resistance to recognize intangibles in financial statements is to some extent warranted by the unpredictable nature of the assets and the difficulty of gauging their value. Companies should not refrain from disclosing more detailed information about intangibles. Even if companies are reluctant to recognize intangible assets on the balance sheet, there is a huge amount of useful information they can still provide. That information includes investments made to train employees, acquire customers, expand Internet activities, and create incentive-based compensation schemes. Companies have unfortunately gotten away with not having to disclose this kind of information by burying it in the selling, general, and administrative expenses category.’ The paper discusses this issue in detail.
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Format: HTML | Date: Feb 2001 | Pages: 2
