无形资产资本化之争：软件开发成本.docxVIP

THE CAPITALISATION OF INTANGIBLES DEBATE: SOFTWARE DEVELOPMENT COSTS ACCA AND ADAM SMITH BUSINESS SCHOOL RESEARCH REPORT THE CAPITALISATION OF INTANGIBLES DEBATE: SOFTWARE DEVELOPMENT COSTS ACCA AND ADAM SMITH BUSINESS SCHOOL RESEARCH REPORT Dionysia Dionysiou (University of Stirling) Richard Slack (Durham University) Ioannis Tsalavoutas (University of Glasgow) Fanis Tsoligkas (University of Bath) For further information, please contact: Richard Martin, Head of Corporate Reporting, ACCA richard.mart in@ Ioannis Tsalavoutas, Professor of Accounting, Adam Smith Business School, ioannis.tsalavoutas@glasgow.ac.uk Contents Introduction 5 Background and objectives 5 Method 5 Main findings 5 Policy implications and recommendations 6 Report outline 7 Accounting for Software Development Costs – overview of relevant accounting standards and literature 9 Overview of relevant accounting standards 9 Related literature 10 Research approach 12 Sample selection 12 Econometric analysis 15 Determinants of the decision to capitalise SDCs, and amounts of SDC capitalised 15 Expected vs unexpected treatment of SDCs 16 Findings and discussion 18 Capitalisers of software development costs 18 SDC capitalisation intensity 22 Univariate analysis 24 Multivariate analysis 26 4.4.1. Full sample 26 Expected and unexpected accounting treatment of SDCs’ capitalisation 28 SDC capitalisation and material business combinations 30 Additional analysis: implementation of IFRS 3 (Revised) and capitalisation of SDCs 32 Conclusion 37 Conclusions and recommendations 37 Limitations and directions for future research 38 About the authors 39 References 40 Appendix A: Information for the firm-year observations excluded from our analysis 41 Appendix B: Variable definition 44 Appendix C: Examples of companies’ disclosures 46 A Acknowledgements: The authors would like to thank ACCA and the Adam Smith Observatory of Corporate Reportin