Valuation of Intangible Assets Act of 2002

Summary

Valuation of Intangible Assets Act of 2002 - Directs the Securities and Exchange Commission to: (1) evaluate for Congress the general usefulness of financial statements prepared under generally accepted accounting principles in providing accurate information to investors about intangible assets and operating performance measures; (2) consider the impact that shortcomings in generally accepted accounting principles have on securities market volatility, capital allocation, and the ability of investors to make sound judgments about valuation; (3) consider methods to better identify, value, and account for purchased and internally generated intangible assets; (4) examine the general questions surrounding the role of intangible assets in financial reporting in the economy; and (5) examine how enhanced disclosure can be accomplished without exposing industries or companies to increased litigation.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 24 September 2002

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• Introduced in House (PDF)

  Introduced in House · EN · 24 September 2002

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• Introduced in House

  summary · EN · 24 September 2002

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