Journal article
Response to the FASB Invitation to Comment on Recognition of Intangibles
Journal of financial reporting (Sarasota, Fla.), Vol.11(1), pp.19-34
Spring 2026
DOI: 10.2308/JFR-2025-019
Abstract
The Financial Reporting Policy Committee (the Committee) of the Financial Accounting and Reporting Section of the American Accounting Association is responsible for providing input to standard setters on matters concerning financial reporting. The Financial Accounting Standards Board (FASB) is currently considering a standard-setting project related to the accounting for and disclosure of intangible assets. In May 2025, at the Committee’s request, we submitted a comment letter to the FASB in response to its Invitation to Comment on this topic. This paper summarizes the key positions presented in the letter and highlights opportunities for future academic research that may inform the development of accounting standards for intangible assets.
JEL Classifications: M40; M41; M48.
Details
- Title: Subtitle
- Response to the FASB Invitation to Comment on Recognition of Intangibles
- Creators
- Lucy H. Chen - Villanova UniversityMichael T. Durney - University of IowaMary S. Hill - Kennesaw State UniversityMaria I. Vulcheva - Florida International University
- Resource Type
- Journal article
- Publication Details
- Journal of financial reporting (Sarasota, Fla.), Vol.11(1), pp.19-34
- DOI
- 10.2308/JFR-2025-019
- ISSN
- 2380-2154
- eISSN
- 2380-2146
- Publisher
- AMER ACCOUNTING ASSOC
- Number of pages
- 16
- Grant note
- Villanova University, School of Business, Department of Accountancy and Information Systems, Villanova, PA, USAMary S. Hill, Kennesaw State UniversityMichael J. Coles College of Business, School of Accountancy, Kennesaw, GA, USA
We thank Christine Botosan and other board members and staff of the Financial Accounting Standards Board (FASB) for their helpful comments and suggestions. The authors have no financial conflicts of interest related to this research. Lucy H. Chen, Villanova University, School of Business, Department of Accountancy and Information Systems, Villanova, PA, USA; Michael T. Durney, The University of Iowa, Tippie College of Business, Iowa City, IA, USA; Mary S. Hill, Kennesaw State University, Michael J. Coles College of Business, School of Accountancy, Kennesaw, GA, USA; Maria I. Vulcheva, Florida International University, College of Business, School of Accounting, Miami, FL, USA.
- Language
- English
- Electronic publication date
- 09/01/2025
- Date published season
- Spring 2026
- Date published
- 2026
- Academic Unit
- Accounting
- Record Identifier
- 9984963623202771
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