The Convergence of French accounting standard with IFRS: capitalization of R&D costs

• 영문명: The Convergence of French accounting standard with IFRS: capitalization of R&D costs
• 발행기관: 한국전산회계학회
• 저자명: Hisae NIKI
• 간행물 정보: 『한국전산회계학회 학술대회 논문집』2014년 춘계학술대회 발표집, 165~170쪽, 전체 6쪽
• 주제분류: 경제경영 > 회계학
• 파일형태: PDF
• 발행일자: 2014.05.30

영문 초록

French accounting standard, Le Plan Comptable Général, has been converging with IFRS, however it seems to have some difficulties caused by traditional and cultural elements. The characteristics clearly indicate that French accounting standard comes under the continental model as opposed to the Anglo-Saxon model. Especially the revise of definition of assets has made a paradigm shift in the concept, from “owing” to “control”, and in these circumstances the treatment of R&D costs, for what the investing amount is remarkably increasing, has been also revised. Furthermore, it is not an overstatement to say that the capitalization of development costs can be used as a tool for strategic management decisions. Considering that relying on criteria that contains such wording as “the potential for future economic benefits” entails subjective judgments, it is desirable that a set of concrete criteria be developed in the domestic standards. The Asian countries should take an example from European’s experience with its international harmonization efforts.

목차

Ⅰ. Characteristic Features of French Accounting Based on Historical Developments

Ⅱ. Definition of Asset

Ⅲ. Capitalization of R&D Costs

Ⅳ. Case study : Capitalization of development costs by a French company

Ⅴ. Conclusion

References