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

Issues in accounting for R&D investment - a perspective from the pharmaceutical industry Dissertation example
Masters
Dissertation
Finance & Accounting
Pages 60 (15060 words)
Download 0
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…

Introduction

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. ...
Download paper
Not exactly what you need?

Related papers

Toy Central-Accounting Issues
Performance sustainability of Toy Central Corporation in the Toy industry largely depends on risks involved with corporate governance. The company is considering the improvement of its corporate governance to ensure that the financial scandals it had experienced would never be repeated. …
Tyco International Accounting Issues
One of the most notable accounting malpractice employed by the company involved the low attrition rate, which were written off at a remarkably slow pace. The consequence of this accounting misnomer was a significant inflation of the profits as reported in the company’s financial records. A consistent pattern of this accounting practice had the effect of giving the shareholders the wrong kind of…
Accounting Issues
Retained earnings are the accumulated wealth of earnings not paid as dividends that the company obtained over the years. The cash balance of the company as of December 31, 2012 was $2,800,000. In terms of retained earnings the company had a balance of $31,400,000. Based on the asset distribution of the company it seems as if the company invested its retained earnings in the past in property,…
International accountancy standards
Policies and frameworks have been developed in efforts to accommodate the entire human race into a more domesticated environment even while in a separate geographical orientation. Such ways through which the world has become integrated is through economic unions and integrations, through these, the world trade has been compressed onto a more unified unit in matters of trade, commerce, politics and…
Management accounting- R-11
Private organisations tend to have smoother management control process whereas public organisations experience more turbulence, conflicts and interruptions. Many scholars attribute these differences to the roles and purpose of private and public organisations in the society. Private organisations produce and sell products to consumers in the markets with objective of creating shareholders’…
Emerging Accounting Issues
These issues are supposed to be in line with the FASB Accounting Standards Codification. This paper seeks to the highlight the role of EITF and its relationship with entrepreneurial entities in the US. Question #1 The EITF was designed to publicize the implementation guidance of sound accounting principles within the framework of the Accounting Standards Codification (ASC). This was meant to…
Pharmaceutical Industry in United States
The Company conducts business in virtually all countries of the world with the primary focus on products related to human health and well-being. The paper presents the financial ratio analysis of Johnson & Johnson for the past three financial years and highlights its financial outlook. The ratios presents the company’s financial outlook is strengthened and is able to manage its finances…