This module will provide participants with an introduction to understanding how IP assets as intangible assets are different from tangible assets, and how such assets are factored & reported in a business enterprise. Participants will work through a company’s accounts statements to identify its intangible assets and possible issues in how these are being valued. An overview of international reporting requirements and best practices in accounting for intangible assets will be provided. In addition participants will be introduced to various matrices and methodologies for reporting the true value of IP at various levels from the operational to Board, and for internal to external audiences such as investors.

At the end of this module, participants should be able to:

(i)  recognize intangible assets in a business enterprise,

(ii)  identify issues in how these may be reflected accurately in company accounts, and

(iii) articulate key reporting indices that would be relevant to their company’s IP asset portfolio.