An empirical analysis of intangible asset reporting practices

Journal article


Ciro, Tony and Terzioglu, Bulend. (2019). An empirical analysis of intangible asset reporting practices. Company and Securities Law Journal. 36(6), pp. 481-496.
AuthorsCiro, Tony and Terzioglu, Bulend
Abstract

The article examines the accounting and financial reporting of intangible assets held and reported by the S&P/ASX 100 listed entities on the Australian Securities Exchange (ASX) during 2016 and 2017. The different types of intangible assets that are disclosed and reported by the S&P/ASX 100 with a view of providing detailed information concerning the composition, type and nature of intangibles and intellectual property assets held by Australia's top listed entities. The article provides further detail regarding the importance of intangible assets relative to total assets and market capitalisation of the S&P/ASX 100. Lastly, we examine the relative importance and composition of intangible assets for each sector of our sample of listed entities in the S&P/ASX 100. The article concludes with the finding that there is a positive reporting bias for externally acquired goodwill and a negative reporting bias for internally generated intangibles as assets, which are reported and disclosed by Australia's top 100 listed entities.

Year2019
JournalCompany and Securities Law Journal
Journal citation36 (6), pp. 481-496
PublisherThomson Reuters
ISSN0729-2775
Web address (URL)https://www.westlaw.com.au/maf/wlau/app/document?docguid=I547afed02a3911e989f6e235e4e6e731&tocDs=AUNZ_AU_JOURNALS_TOC&isTocNav=true&startChunk=1&endChunk=1
Research or scholarlyResearch
Page range481-496
Publisher's version
License
All rights reserved
File Access Level
Controlled
Output statusPublished
Publication dates
Online2019
Publication process dates
Deposited13 Jan 2022
Permalink -

https://acuresearchbank.acu.edu.au/item/8x45y/an-empirical-analysis-of-intangible-asset-reporting-practices

Restricted files

Publisher's version

  • 92
    total views
  • 0
    total downloads
  • 0
    views this month
  • 0
    downloads this month
These values are for the period from 19th October 2020, when this repository was created.

Export as

Related outputs

R&D intensity within corporate Australia : Evidence from large ASX-listed entities
Ciro, Tony, Terzioglu, Bülend and Lam, Ian. (2022). R&D intensity within corporate Australia : Evidence from large ASX-listed entities. Australian Tax Forum. 37(4), pp. 601-624.
Countdown 2021 and the end of an era : Mystique, scandals and the Endgame for the LIBOR market
Ciro, Tony. (2021). Countdown 2021 and the end of an era : Mystique, scandals and the Endgame for the LIBOR market. Journal of Banking and Finance: Law and Practice. 32(4), pp. 232-253. https://doi.org/10.3316/agispt.20220222062365
Insights into the collateralisation of intangible and intellectual property assets by non-financial listed entities on the ASX/S&P 200
Ciro, Tony and Terzioglu, Bülend. (2021). Insights into the collateralisation of intangible and intellectual property assets by non-financial listed entities on the ASX/S&P 200. Company and Securities Law Journal. 38(4), pp. 233-249.
Regulating Australia's benchmark interest rate market: A review of recent litigation and market reforms
Ciro, Tony. (2020). Regulating Australia's benchmark interest rate market: A review of recent litigation and market reforms. Journal of Banking and Finance: Law and Practice. 31, pp. 141 - 161.
Disclosures and reporting of financial derivatives : Evidence from Australia’s S&P/ASX 50 listed firms
Ciro, Tony and Terzioglu, Bulend. (2018). Disclosures and reporting of financial derivatives : Evidence from Australia’s S&P/ASX 50 listed firms. Journal of Banking and Finance: Law and Practice. 29, pp. 92-108.
Misleading and deceptive conduct in global financial markets : Implications for regulators, financial intermediaries and credit rating agencies
Ciro, Tony. (2018). Misleading and deceptive conduct in global financial markets : Implications for regulators, financial intermediaries and credit rating agencies. Company and Securities Law Journal. 36(5), pp. 434-454.
Corporate philanthropy in Australia: Evidence from Australia's top 100 listed firms
Ciro, Antonio and Terzioglu, Bulend. (2017). Corporate philanthropy in Australia: Evidence from Australia's top 100 listed firms. Australian Journal of Corporate Law. 32(1), pp. 27 - 48.
Fallout from the global financial crisis: Credit rating agencies in the frame
Ciro, Antonio. (2016). Fallout from the global financial crisis: Credit rating agencies in the frame. Journal of Banking and Finance: Law and Practice.
The interplay between national culture and diffusion of activity-based costing: An Asia-Pacific perspective
Terzioglu, Bulend and Chan, Elsie. (2014). The interplay between national culture and diffusion of activity-based costing: An Asia-Pacific perspective. Asia-Pacific Management Accounting Journal. 9(1), pp. 45 - 82.
Causes and consequences of transfer pricing conflict : Evidence from the service sector
Terzioglu, Bulend and Steen, Adam. (2014). Causes and consequences of transfer pricing conflict : Evidence from the service sector. Journal of Accounting, Business & Management. 21(1), pp. 27 - 42.
Addressing methodological frailties in IT outsourcing surveys
Terzioglu, Bulend, Chan, Elsie and Schmidt, Peter. (2013). Addressing methodological frailties in IT outsourcing surveys. Asia-Pacific Journal of Business Administration. 5(1), pp. 20 - 35. https://doi.org/10.1108/17574321311304512
An analysis of activity-based costing research in the selected Asia-Pacific region countries
Terzioglu, Bulend and Chan, Elsie. (2013). An analysis of activity-based costing research in the selected Asia-Pacific region countries. In S Ueno and R Willett (Ed.). 9th APMAA Conference. Japan: Asia-Pacific Management Accounting Association (APMAA). pp. 1 - 21
Investigate failings in survey method for improving business research
Terzioglu, Bulend, Schmidt, P. and Chan, Elsie S. K.. (2011). Investigate failings in survey method for improving business research. Australia: World Business Institute. pp. 1 - 11
Fair value measurement and reporting of financial assets in the United States
Ciro, Antonio and Speight, Geoffrey. (2011). Fair value measurement and reporting of financial assets in the United States. Journal of International Banking Law and Regulation. 26(12), pp. 587 - 593.
Mark-to-Market Accounting of Illiquid Assets during the Global Financial Crisis
Ciro, Antonio and Speight, Geoffrey. (2011). Mark-to-Market Accounting of Illiquid Assets during the Global Financial Crisis. Journal of International Banking Law. 26(11), pp. 531 - 537.
Sowing the seeds of transfer pricing conflict
Terzioglu, Bulend and Steen, Adam. (2011). Sowing the seeds of transfer pricing conflict. Proceedings of the 9th annual conference on business: accounting, finance, management and marketing. Greece: Athens Institute for Education and Research. pp. 17 - 33
Transfer pricing in Australian service organisations
Terzioglu, Bulend and Inglis, Robert. (2011). Transfer pricing in Australian service organisations. Asia-Pacific Management Accounting Journal. 6(2), pp. 85 - 106.
Costing of services :Issues and Challenges
Terzioglu, Bulend and Chan, Elsie Siu King. (2010). Costing of services :Issues and Challenges. Thailand: Asian Academic Accounting; Association. pp. 1 - 20
A Review of Survey Methodology Employed in IT Outsourcing
Chan, Elsie Siu King and Terzioglu, Bulend. (2010). A Review of Survey Methodology Employed in IT Outsourcing. France: World Congress on Science Engineering and Tech.... pp. 1405 - 1413
Machinations in the global automotive industry: The Fiat and Chrysler deal examined
Ciro, Antonio and Mascitelli, B.. (2010). Machinations in the global automotive industry: The Fiat and Chrysler deal examined. Derivatives and Financial instruments. 12(2), pp. 35 - 42.
The Global Financial Crisis part 2: Causes and implications for regulation 9-18 (UK)
Ciro, Antonio and Longo, M.. (2010). The Global Financial Crisis part 2: Causes and implications for regulation 9-18 (UK). Journal of International Banking Law and Regulation. 25(1), pp. 9 - 18.
International and Australian financial markets
Ciro, Antonio. (2009). International and Australian financial markets. In In T.Ciro, B. Mascitelli and S. Muthaly (Ed.). Australia and the Global Economy pp. 126 - 142 Connor Court Publishing.
Transfer pricing in service organisations: An Australian perspective
Inglis, Robert, Terzioglu, Bulend and Clift, Robert. (2009). Transfer pricing in service organisations: An Australian perspective. Istanbul, Turkey: Asian Academic Accounting; Association. pp. 1 - 30
Global frontiers and global challenges
Ciro, Antonio and Longo, Michael. (2009). Global frontiers and global challenges. In In T.Ciro, B. Mascitelli and S. Muthaly (Ed.). Australia and the Global Economy pp. 233 - 255 Connor Court Publishing.