摘要：The article examines the views of foreign economists on the importance of the impact of intangible
assets (IA) and goodwill on business. The main purpose of this study is to improve and develop approaches of
accounting for IA and goodwill, reflecting them in the financial and management reporting. The systematization of
literary sources and the study of regulatory documents showed that there were several problematic issues related to
the accounting and reporting of IAs and goodwill that needed elaboration and clarification. The urgency of solving this
scientific problem lies in the fact that due to the existence of unresolved issues in accounting for IA and goodwill, as
well as the formation of indicators in the financial statements, there is a significant gap between the methodology of
accounting for these assets and current requirements of the economy. It is proposed to amend the Methodological
Provisions № 417 by allocating the IA into a separate group for more detailed state statistical observation of these
assets. It is recommended to separate the subaccount for accounting software showing the detailed information for
this subaccount in the Notes to the Annual Financial Statements. To reconcile goodwill with the Plan of Accounts and
Reporting, it is offered to set out the title of Section 1 of the Notes to the Annual Financial Statement, as follows:
«Intangible Assets and Goodwill». It is recommended to keep records of internal goodwill in managerial and financial
accounting, with the separation of the subaccount, with amendments to Section 1 of the Notes to the Annual Financial
Statements regarding the inclusion of additional line 095 «Internal Goodwill». For management accounting of IA and
goodwill, it is proposed to use the form of internal management reporting, which is based on paragraph 5 «Notes to
the Annual Financial Statements», which contains additional indicators that allow the management system to identify
IA s both at the respective centres of responsibility and their units, for different periods, to control the amount, direction,
deviation of the planned and actual expenses at the receipt of IA, etc. It is recommended to open an additional
subaccount for accounting for IAs shortages with the disclosure in the Annex to Methodological Recommendations
№ 1327 of the procedure for accounting for IAs shortages using this subaccount. It is justified that the Management
Report should be considered as a supplement to the financial statements. The management report proposes to
disclose the information about the IA and, if available, about goodwill (internal goodwill), and to provide information
aimed at the development of intellectual capital.
