Problem reflection of intangible assets in the financial statements in accordance with International Financial Reporting Standards

Non-material assets are one of the most difficult objects of account, problems with their authentication and estimation are able to result in ambiguous interpretations of users of the financial reporting. Therefore this class of assets is necessary to spare intent attention. Adjusting of account of this class of assets is legislative comes true by the International standard of the financial reporting 38 "non-material assets". In latter days the amount of the non-material assets acknowledged in the financial reporting increased at most organizations. It is related to expansion of business, creation of new trademarks, introduction of the expensive informative systems. Therefore non-material assets are expedient to spare due attention. In this article the International standard of the financial reporting (further МСФО) will be considered 38 "non-material assets" in foreshortening of substantive provisions of standard.