Sandy Foo, Head of Mergers & Acquisitions and Deputy Head of the Corporate & Transactional Group, and Rajesh Sreenivasan, Head of Technology, Media & Telecommunications, have contributed an article titled “How businesses can unlock more value from their intangible assets and intellectual property in Singapore” to the Singapore Economic Development Board’s Business Insights platform.
The article highlights the importance of intangible assets for businesses and the challenges commonly faced in the valuation and reporting of such assets, particularly in today’s digital economy. In light of this, the Accounting and Corporate Regulatory Authority and the Intellectual Property Office of Singapore have proposed an Intangibles Disclosure Framework (“Framework“) to help businesses disclose and communicate their intangibles. The article goes on to explore the key principles of the proposed Framework and how the Framework may benefit businesses with operations in the Southeast Asian region or seeking to develop a regional presence.
For more information, click here to read the full Authored Publication.