General Characteristics, Role and Importance of International Marketing Information System
In the centre of attention of Recovery Plan of the EU for period 2010-14 are, so called, “smart investments” which, during long-term, should ensure higher growth and sustainable prosperity. "Smart investments" mean investments in research and development (R&D) and investments in education from both public and private sources of funding. In order to stimulate higher investments in R&D activities by private sector it is recommended to use public – private innovation partnerships (direct way) as well as wider usage of R&D tax incentives (indirect way). As R&D tax approach has a strong policy impact, this paper will deal with different R&D tax (accounting) schemes and their impacts on financial performances of enterprises. As Bosnia and Herzegovina admitted International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) for its accounting framework, this paper will examine relevant IAS and IFRS in order to find out “positive” or “negative” effects of each R&D tax accounting scheme for proper financial treatment of R&D activities in enterprises. The overall aim of this paper is to answer the question: which R&D tax subsidy model would be the most appropriate one for B&H, respecting the present Legal and Accounting Framework, as well as cost and benefits of each recommended model?
Volume (Year): 44 (2011)
Issue (Month): 3-4 ()
|Contact details of provider:|| Postal: 12 Zmaj Jovina St, 11000 Belgrade, Serbia|
Phone: +381 11 2622 357, 2623-055
Fax: +381 11 2181 471
Web page: http://www.ien.bg.ac.rs
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ibg:eajour:v:44:y:2011:i:3-4:p:69-81. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zorica Bozic)
If references are entirely missing, you can add them using this form.