The accounting standard-setters are being urged to adopt a disclosure-first approach to advance the recognition and accounting of intangible assets, according to the CFA Institute Research and Policy ...

Financial statements ... satisfied are called "net assets." Statement of Activities This is the equivalent of a for-profit entity's statement of income. This report tracks the changes in operation ...

The report noted that both FASB and the IASB ... necessary to understand the investments made in the creation of intangible assets before considering their recognition on financial statements," said ...

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives. Amortization applies to intangible ... and financial statements more effectively.