دانلود رایگان مقاله انگلیسی گزارش مالی از دارایی های نامشهود در پول اسلامی - امرالد 2017

Abstract

Purpose – This paper aims to address the financial reporting dimensions of intangible assets with specific reference to International Accounting Standards (IAS) 38 as well as relevant International Financial Reporting Standards (IAS 38 exclusion) that are embedded within intangible assets. These have implications for Islamic financial assets with identifiable and measurable intangible components. Design/methodology/approach – The study uses the qualitative research method by way of interviews followed by focus group discussions with professional accountants/accounting academics and Sharīʿah scholars/advisors from academia, the industry and regulatory bodies. Analysis of relevant literature is made to understand the subject matter and Sharīʿah-related issues. Findings – The study observes that the accounting dimensions of tangible assets are generally consistent with Sharīʿah requirements. However, significant variation arises when the dimensions of intangible assets are represented in financial assets. Research limitations/implications – The paper presents an exploratory in-depth analysis within the context of intangible assets as specified in IAS 38. Originality/value – The paper elucidates the comparative accounting dimensions and Sharīʿah requirements in reporting financial assets.

Conclusion

This paper concludes an interesting phenomenon on how professional accountants apply the provisions of IAS 38 and its exclusion on intangible assets and the views of Sharīʿah scholars’ in line with related requirements in Islam. The professional accountants’ views appear to be premised on economic choice consideration. In other words, they are investor-centric. Sharīʿah scholars, on the other hand, are concerned with the social choice consideration of compliance and stakeholder interest. Though both accountants and Sharīʿah scholars agree on the key dimensions of intangible asset reporting, variations arise due to a broader perception of intangible assets as including financial instruments and monetized assets. The central concern is the effect of this treatment on the contracting parties who rely on the sufficiency of the information disclosed for their informed decisions. Economic decision usefulness as propagated by the financial reporting standards in reporting intangible assets would require additional disclosures on the intangible component of tangible assets in terms of Sharīʿah compliance and risk-based disclosures.