New framework encourages companies to disclose intangible assets

The framework provides guidelines on how companies can identify and disclose various non-physical assets – such as brand value, patents and registered designs – to the likes of lenders, board members and investors. — The Straits Times

SINGAPORE: Singapore companies will receive more guidance on how to disclose and communicate the value of their intangible assets, under a new framework that is among the first of its kind globally.

The Intangibles Disclosure Framework (IDF) was launched on Monday by the Intellectual Property Office of Singapore (Ipos) and Accounting and Corporate Regulatory Authority (Acra).