Intangible Assets Identification and Valuation in a Company

Intangibles have emerged in the last decade as an important issue among companies' accounting theories. Accounting, as it is currently practiced, has lost much of its ability to inform as businesses have become more and more knowledge intensive. Intangible assets are now variously estimated to currently constitute 60-75 percent of corporate value, on average. In this context, the purpose of this paper is to present an analysis of the most known intellectual capital evaluation model, according the following criteria: concepts, functional characteristics, operational performances, limitations. Then intellectual capital was analyzed in the case of X Company. As a conclusion we can say that intelectual capital assessment capital makes a company more efficient, more profitable and competitive.