Published Online:April 2026
Product Name:The IUP Journal of Accounting Research & Audit Practices
Product Type:Article
Product Code:IJARAP030409
DOI:
Author Name:Dimitrios Ginoglou1, Panayiotis Tahinakis2, John Mylonakis3, Nicolaos Protogeros4 and Adamantios Koumpis5
Availability:YES
Subject/Domain:Finance
Download Format:PDF
Pages:17
Valuation of intangible assets, management and reporting related services are expected to play a significant role in the proper functioning of the European Research Area (ERA), as well as the operation of the single market and the sustainability of all aspects of the economy in Europe. Without readily available administrative, legislative, financial or other public services, economic actors—both at the corporate and state level—cannot fully utilize the opportunities available in the information society. This paper evaluates the reporting methods and performance measurements for the accounting of the intangibles (Research and Development (R&D)), analyzes the strengths and weaknesses of each of these parameters, and establishes a framework for their application. The findings of the study reveal that most forward thinking companies, as part of their strategic processes, are constantly examining the appropriateness of their structures in achieving business excellencies.
The European Research Area (ERA) was set up in 2000 in the European Union (EU) aiming to: • Enable researchers to move freely from one member country to another; • Develop world-class research infrastructures together to share the extremely high building and operating costs; • Share, teach, evaluate and use scientific knowledge effectively for social, business and policy purposes;