NON-MATERIAL ASSETS: FAIR VALUE AND WAYS OF RESEARCH ASSESSMENT

The scientific article has examined the issues of assessment of intangible assets and determination of their fair value in order to present adequate (market) evaluation of assets in financial statements. According to IFRS and RAS, the active market is required for determination of the fair value of intangible assets. In the most cases such market is impossible for the assets category under consideration. The authors have presented the main approaches to assessment of intangible assets, methods of their assessment that allow determining the value of intangible assets. Research results in detection of the optimal approach to determination of the fair value of intangible assets that is the aggregated fixed payment of royalty and the method of pure fair value.

net value, intangible assets, income method, accounting, evaluation, fixed assets, capital investments, revaluation, market value, economic benefits, active market, costs