Singularities of accounting fair value of intangible assets
Russian companies maintain records of intangible assets more and more often. This is due to the fact that business expands, new operating systems are introduced, new trademarks and “know-how” appear etc. Determination of fair value of intangible assets is the most difficult aspect of accounting. The problem of accounting fair value of intangible assets is particularly actual according to the fact that Russian companies are adopting IAS.