Determination, classification, measuring and valuing of intangibles: Approaches to the problem

Abstract

The paper is devoted to systematization and rounding of different approaches and methods to determination, classification, measuring and valuing of intangibles assets. Actually, the author is arguing with the fact of possibility to use a single definition to the whole range of intangibles and that is the reason why the author suggests to determine three main structural parts of intangibles and gives separate definition to each of them. The paper also systematize the variety of different classifications of intangibles, showing that each of them can be used depending on the company's purpose. Measurement and valuation of intangibles is also the subject for matching it with the aims and objectives of the company as well as the methods of valuation used strongly depend on the type and characteristics of that structural part of intangibles to which they are applied.