Research motivation ââ?¬â?? Our aim is to identify the extent to which companies quoted in the\r\nRomanian and Spanish stock exchanges, that must apply the International Financial Reporting\r\nStandards truly comply with the provisions of these norms in presenting, in the financial\r\nstatements, the information on intangible assets. We have also studied a series of indicators of\r\nintangible capital, in order to identify the extent to which the Romanian and Spanish accounting\r\nenvironments meet the challenges concerning the acknowledgement of intangible elements.\r\nMethodology ââ?¬â?? In order to identify the policies used by companies in the reporting of intangible\r\nassets and to determine the extent to which companies forced to apply the IAS/IFRS comply\r\nwith the IAS 38 provisions, we have analyzed the consolidated financial statements, drawn\r\naccording to IFRS by 19 Romanian companies quoted in the Bucharest Stock Exchange and 27\r\nSpanish companies quoted in the Madrid Stock Exchange, components of the IBEX 35 index. We\r\nhave determined the weight of the intangible assets in the fixed assets and have computed the\r\nmean degree of dissemination of the information on intangible assets based on the scores\r\nobtained by each company to a set of questions, designed in the spirit of the IAS 38 provisions.\r\nMain findings ââ?¬â?? To the 8 questions in the set, created in the spirit of the IAS 38 provisions, the\r\nIberian companies generally give more analytical answers. Also, they present significant\r\nweights of the intangible assets into the fixed assets. Besides the financial reporting of\r\nintangible assets, we have been concerned with analyzing non-financial information referring\r\nto human, relational, and structural capital. It is worth mentioning that, unlike the Romanian\r\ncompanies, the Spanish companies present in their annual reports a large amount of data and\r\ninformation on intangible capital.
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