research

Examples of research in the following topics:

• Accounting for R&D Activity

  • Research and development costs no longer appear as intangible assets on the balance sheet, but as expenses on the income statement.
  • In general, research and development (R&D) activities are conducted by specialized units or centers belonging to a company, or can be outsourced to contract research organizations, universities, or state agencies .
  • In the context of commerce, research and development normally refers to future-oriented, long-term activities in science or technology, using similar techniques to scientific research but directed toward desired outcomes and with broad forecasts of commercial yield.
  • Research and development costs thus no longer appear as intangible assets on the balance sheet.
  • Cycle of Research and Development, from "Research and Evaluation on Education in Science and Engineering (REESE), Program Solicitation NSF 09-601"

• Reporting R&D Cost

  • Research is original and planned investigation undertaken with the prospect of gaining new scientific or technical knowledge and understanding.
  • Development is the application of research findings to a plan or design for the production of new or substantially improved materials, devices, products, processes, systems, or services, before the start of commercial production or use.
  • Summarize how to report research and development costs on the financials statements

• What Is R&D?

  • ., a typical ratio of research and development for an industrial company is about 3.5% of revenues.
  • The term R&D or research and development refers to a specific group of activities within a business.
  • In the U.S., a typical ratio of research and development for an industrial company is about 3.5% of revenues.
  • Thus, research and development costs no longer appear as intangible assets on the balance sheet.
  • Research being carried out at the Microscopy lab of the Idaho National Laboratory.

• Analyzing Intangible Assets

  • Research and development (R&D) costs are not in and of themselves intangible assets.
  • Many businesses spend considerable sums of money on research and development to create new products or processes, improve present products, and discover new knowledge that may be valuable.

• Reporting Intangibles

  • Therefore, even though a company may incur substantial research and development costs to create an intangible, these costs are expensed.
  • The costs of acquiring and defending a copyright may be capitalized, but the research and development costs involved must be expensed as incurred.

• Business Stakeholders: Internal and External

  • The stakeholder concept was first used in a 1963 internal memorandum at the Stanford Research Institute.

• Events Triggering Disclosure

  • Information about intangible assets - e.g. research and development and customer relations.
  • Meek, Roberts and Gray (1995) found that the extent and type of voluntary disclosure differs by geographic region, industry, and company size, and other research has found that the extent of voluntary disclosure is affected by the firm's corporate governance structure and ownership structure.

• Preparation of the Income Statement

  • Research & Development (R&D) expenses represent expenses included in research and development.

• Current Guidelines for Expense Recognition

  • Examples of such costs include general administration and research and development.

• Characteristics of Intangible Assets

  • Research and development costs incurred during the internal development or self-creation of an intangible asset are not costs that can be capitalized.