Issues in accounting for R&D investment - a perspective from the pharmaceutical industry - Dissertation Example

Only on StudentShare

Extract of sample
Issues in accounting for R&D investment - a perspective from the pharmaceutical industry

The companies operating in the pharmaceutical industry spend millions of dollars each year in the research and development expenditure so that they are able to devise new methods and medicine that are able to cure and provide sustenance to the human body from deadly diseases. From the financial perspective, the research and development expenditure forms an integral part of the financial statements of any pharmaceutical company. Over the years, a debate has been going between the financial managers and the economists regarding the fact pertaining to the accounting treatment of the research and development expenditure in the financial statements of the pharmaceutical companies. ...Show more

Summary

Contents Abstract 3 Introduction 4 Declined R&D productivity 7 Reasons of declined R&D productivity 9 Improvement of R&D productivity 10 Literature Review 12 Background of AstraZeneca 15 Methodology 20 Purpose Statement 21 Analysis 23 Qualitative Analysis 23 Goodwill accounting during merger and acquisition transaction between multinational 23 Exchange of intangible assets with continuing involvement 26 Upfront payments to conduct research with access to the research 27 Payments made to conduct research 28 Upfront payments received to conduct development: Interim recognition 28 Upfront payments received to conduct development: Completion 29 Classification of royalties related to R&D 30 Donati…
Author : sabinakoch
Save Your Time for More Important Things
Let us write a custom dissertation on your topic
"Issues in accounting for R&D investment - a perspective from the pharmaceutical industry"
with a personal 20% discount.
Find out more

Related Essays

Toy Central-Accounting Issues
The paper tells that toy central financial information should be confirmed to adhere to the generally acceptable accounting principles alongside the value estimates made by the companies’ management. The financial statements of Toy central indicate that the company had experienced difficulties in its corporate governance and consequently financial difficulties.
4 pages (1000 words) Essay
Finance and Management
Cost accounting and information systems offer benefits to many companies; cost accounting is normally a method of accounting in any organization that is concerned with manufacturing of goods and goods sold at the same time. Cost accounting systems offers a means for performing an accurate inventory valuation of the inventory at hand.
7 pages (1750 words) Essay
Tyco International Accounting Issues
The revenue and profit reports were inflated by some strategic accounting practices that falsified reports about the fiscal status of the company with the view of showing some kind of consistency in the company’s general performance. According to some analysts, the reports posted by the company would show significant variations if the accountants were to adopt conventional accounting practices.
6 pages (1500 words) Research Paper
Accounting Issues
The quote stated by Mr. Puckett, “We’ve got a lot of retained earnings, but that’s not the same as cash, you know”, is absolutely truth. Cash and retained earnings are not the same thing. Cash is the amount of money or cash equivalents that the company has on hand or at the bank.
3 pages (750 words) Assignment
International accountancy standards
Continued efforts in different spheres of interaction have established the need for a more unified globe. The world has gradually modernized into a more sophisticated ‘global village’ in matters of economic cohesion, political integration as well as the social dynamics.
12 pages (3000 words) Essay
Management accounting- R-11
The management practices and principles employed differ from one organisation to another depending on their nature and the purpose of establishment. As suggested by Rodriguez and Hickson (1995), there are notable differences between management of for-profit entities and non-profit entities.
20 pages (5000 words) Assignment
Emerging Accounting Issues
These principles are meant to be formulated to the best interests of the public in relation to the execution of accounting practices in public companies. The FASB recommended the formation of the Emerging Issues Task Force (EITF) in 1984. The EITF was tasked with assisting the FASB in improving financial reporting through discussion, timely identification and resolution of financial accounting issues.
6 pages (1500 words) Research Paper
Pharmaceutical Industry in United States
Contents Executive Summary 2 Introduction to the Pharmaceutical Industry in United States 3 Introduction to retail business in America 4 Ratio analysis 6 Profitability Ratios 7 Efficiency and Liquidity ratios 9 Gearing Ratios 11 Comparison with competitor 11 Executive Summary Johnson & Johnson and its subsidiaries (the Company) have approximately 127,600 employees worldwide engaged in the research and development, manufacture and sale of a broad range of products in the health care field.
6 pages (1500 words) Assignment
M-Commerce
According to (Laudon & Laudon, 1999, p. 25) “electronic commerce is the process of selling and purchasing products goods or services electronically with computerized business transactions
3 pages (750 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT