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Accounting for R&D Activities, R & D cost, research and development cost, intangible assets, initial operating cost, start-up cost, advertising cost
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Accounting for research and development (R&D), whats included and accounting treatment, R&D costs are not themselves intangible assets, they often result in the development of patents or copyrights (new products, processes, ideas, etc.) that provide future value that are intangible assets, Costs associated with R&D activities & accounting treatment:1-Materials, Equipment & Facilities R&D: Expense entire cost unless the items have alternative future uses, if there are alternative future uses, carry items as inventory & allocate as consumed or capitalize & depreciate as used to R&D expense, 2- Personnel: Expense as incurred salaries, wages, and other related costs of personnel engaged in R&D, 3- Purchased Intangibles: Recognize & measure at fair value, account for in accordance with their use (either limited life or indefinite life intangibles), 4-Contract Services: Expense the costs of services performed by others in connection with R&D incurred, 5-Indirect Costs: Include reasonable allocation of indirect costs in R&D costs, except for general & administrative cost, which must be clearly related to R&D inorder to be included in R&D, discussion by Allen Mursau

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The bad news: the best ideas live outside of your organization. The good news: they don’t have to stay there. Innovation instigator Michael Ringel has consulted for major corporations about the best ways to bring innovation into their companies and has a collaborative solution that any company — if done the right way — can tap into: external innovation.

About the TED Institute: We know that innovative ideas and fresh approaches to challenging problems can be discovered inside visionary companies around the world. The TED Institute helps surface and share these insights. Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas.

Learn more at http://www.ted.com/ted-institute

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