We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Nuevo desafío contable para el Capital Riesgo: la medida de su gestión.
- Authors
Rubio Martín, Gracia
- Abstract
The venture capital industry has been severely affected by the implementation of the new International Accounting Standard Board (IASB), recently incorporated into Spanish legislation through the General Accounting Plan and the Circulars issued by the National Commission of Securities Markets. The implementation of this legislation has led to the replacement of the old principle of valuation, which has been using so far: the so-called "cost of acquisition" by the "fair value", which is applied to quantify the valuation of assets, in certain circumstances, the most relevant is the determination of the prices of intangibles assets in business combinations and the valuation of financial instruments. The mean role of the venture capital firms is dealing the acquisition, management, and sale of the unquoted stock market investments, consequently this kind of companies are affecting by this legislation in the issue of determining the book value of its economic structures at fair value. The new process will also serve as an indicator of the "performance" or "result" obtained based on the management measures in such companies.
- Subjects
VENTURE capital; SMALL business investment companies; SMALL business finance; INTERNATIONAL Accounting Standards Board; FINANCIAL markets; VALUATION -- Law &; legislation; INTANGIBLE property; FINANCIAL instruments; ACCOUNTING laws; MANAGEMENT
- Publication
Partida Doble, 2010, Vol 21, Issue 219, p22
- ISSN
1133-7869
- Publication type
Article