1、中文 5430 字 出处： Baglieri E, Chiesa V, Grando A, et al. Intangible assets appraisal and the out-of-standard countermeasures J. 2001 毕业论文外文翻译 系 别 财经系 专 业 财务管理 班 级 财务 xxxx 学 号 xxxxxxxx 姓 名 xxxxxxx 指导教师 xxxxxx 2012 年 5 月 10 日 Xxx 大学 毕业论文外文资料翻译 2 Intangible assets appraisal and the out-of-standard counterm
2、easures Enzo Baglieri Vittorio Chiesa Alberto Grando ABSTRACT Intangible assets are increasingly considered the ultimate roots of companys success. This paper aims to propose a method to estimate the value embedded in R&D activities, which could be used for: (i) a una tantum evaluation of a firms va
3、lue, related to specific actions such as mergers, acquisition, etc.； and (ii) a periodic evaluation, with the perspective of the economic reporting, focused to estimate the R&D shareholder value creation. The proposed framework is based on the assumption that there is a strong relationship between t
4、he R&D contribution to shareholder value and the operational performance of R&D activities. The paper describes such a framework as well as an empirical application. KEY WORDS:intangible assert； Evaluation of intangible assets；R&D Evaluation. INTRODUCTION Intangible assets evaluation, more and more
5、problems caused by the attention of industry and economic circles.Americans never seriously intangible assets to the universal attention intangible asset, and this is certainly a big improvement.But, in the invisible Asset appraisal.Work in the occurrence of is tempered out-of-standard caused concer
6、ns. THE PERFORMANCE OF ANOMIE A, out-of-standard intangible assets evaluation than tangible assets evaluation, often appear more complex disorder phenomenon.Intangible assets assessment of out-of-standard manifests itself in many ways, summarized up mainly displays in the following four aspects. Xxx
7、 大学 毕业论文外文资料翻译 3 One is the legal anomie.Intangible assets assessment is certain laws, regulations, under the guidance of the state, is based on the policy norms, whatever the nature of the enterprise, regardless of what form of intangible assets evaluation cannot violate national legal norms.But so
8、me appraisal institution ignore the state laws and regulations, made many violate state laws and regulations, make something intangible assets evaluation work to appear anomie phenomenon.Some enterprises in no property changes, hire or the entrusted assets evaluation its goodwill, some still through
9、 the news media released its value.This is severely violated the relevant state strictly prohibited without property transactions purpose the rules published the goodwill assessment.Enterprise and advertising department released to the public does not have legal effectiveness of information, is unfa
10、ir competition, violation of the anti-unfair competition law and advertising, is obvious illegal behavior.Some assessment institution does not obey the current national laws and regulations, not realistic evaluation purpose to evaluate conclusion.Some valuation institution on the intangible asset of
11、 an enterprise when evaluating not take the realistic manner, even business requirements, should be quick to enterprises intangible assets evaluation for hundreds of millions, billions of even tens of billions.If this phenomenon is RenJiZiRan up is bound to the order of the real dangers valuation in
12、dustry.Some appraisal institution without obtaining legal appraisal qualifications, or hired without evaluating qualification for evaluation personnel.Illegal appraisal institution plus illegal evaluation personnel, itself lacks the necessary legal basis, the appraisal conclusion must be that does n
13、ot have legal effectiveness. Two is the financial anomie.Intangible assets evaluation with basic financial accounting shall be for basic basis, should establish a set of complete financial accounting system and evaluation system, no financial accounting of the intangible assets evaluation is lack of
14、 accounting basis.Lack of accounting is the basis of the evaluation is not science, is not be legal norms.But some evaluation institutions to enterprise intangible assets evaluation, doesnt follow Financial managements basic requirements for scientific financial accounting, even simple financial sta
15、tistics are not carried out, it is evaluate conclusion, this is and not serious practice.Evaluate conclusion is against financial standard, of course, is not reliable. Three is ethical anomie.Intangible assets evaluation compared with tangible assets evaluation more complex in the appraisal process,
16、 the subjective factors, agent proportion also much greater.Evaluate conclusion is correct, whether accord with the objective reality, to a great extent, depends on the ideological and moral qualities of personnel assessment of the quality and the occupation morals of level.The appraisal industry pr
17、ofessional ethical requirements appraisal institution and evaluation personnel shall, in line with responsible to society, is responsible for the customer attitude, make every effort to make the assessment work do serious, careful, make the assessment conclusion objective, fair, and not to cater to a need or pursue certain
