Thesis (MEng)--Stellenbosch University, 2015. / ENGLISH ABSTRACT: Numerous problems with product quality and time-to-market launches can be traced back to the management of the product lifecycle. This research assignment provides insight into how an integrated value proposition design framework can address these issues by shifting the focus of product lifecycle management from being product-centric to being customer-centric. This framework combines tools, methods and processes from a variety of disciplines such as Systems Engineering, Marketing, Project Management, and Financial Management. The application of the framework during the product lifecycle management process is that of a planning and communication tool to ensure integration between multifunctional teams to increase customer value proposition quality and decrease product time to market. This research assignment was implemented in a new product development case study within a leading Telecommunications company in South Africa. / AFRIKAANSE OPSOMMING: Die bestuur van ‘n produk se lewensiklus veroorsaak verskeie probleme wat gepaard gaan met die kwaliteit van produkte en die verlengde tydperk wat dit neem om produkte aan die mark bekend te stel. Hierdie navorsingswerk verduidelik hoe die geïntegreerde waarde-stelling raamwerk die probleme met betrekking tot die bestuur van produkte se lewensiklusse aanspreek. Die raamwerk verskuif die fokus van die bestuur van ‘n produk se lewensiklus, wat produk-gesentreerd is, na ‘n kliënt-gesentreerde fokus. Die raamwerk maak gebruik van tegnieke, metodes en prosesse verkry uit die dissiplines van Sisteem Ingenieurswese, Bemarking, Projek bestuur en Finansiële bestuur. Die toepassing van die raamwerk verbeter die bestuur van ‘n produk se lewensiklus deur beplanning en kommunikasie te fassiliteer tussen multi-funksionele spanne. Genoemde raamwerk bevorder die samewerking tussen multi-funksionele spanne, verbeter die waarde-stellings aan kliënte, verhoog die kwaliteit van produkte en verkort die tydperk van produk bekendstelling aan die mark. Bogenoemde navorsingswerk is geïmplementeer in ‘n vooraanstaande Telekommunikasie maatskapy in Suid-Afrika, op ‘n nuwe produkontwikkeling gevallestudie.

Regelverk för redovisning utvecklas och harmoniseras ständigt, men den komplexa värderingen av goodwill samt rörelseförvärv består. Förvärvad goodwill är ofta en betydande komponent och förväntas generera framtida ekonomiska fördelar. Tidigare studier som utifrån redovisning- eller kapitalmarknadssyn uträtt förvärv och dess lönsamhet har fått tvetydiga svar. Studien ämnar till att belysa värderingsproblematiken vid rörelseförvärv med fokus på goodwill då den förväntas generera framtida ekonomiska fördelar. Syftet är att avgöra huruvida den redovisningsmässiga och marknadsmässiga värderingen av ett rörelseförvärv samverkar samt se hur väl de kan förklara företagskombinationens framtida lönsamhet. Studien utfördes genom en kvantitativ metod där data samlades in från databaserna Zephyr, Retriever Business samt Nasdaq Nordic. För att undersöka marknadens värdering tillämpades eventstudiemetodik. Data analyserades med hjälp av en korrelationsanalys samt multipel regressionsanalys. Korrelationsanalysen visade att det förelåg ett negativt samband mellan förvärvad goodwill samt investerarnas värdering vid förväntad ekonomisk förlust. Studien visade att lönsamhet efter förvärv påverkades av variablerna goodwill samt immateriella övervärden. Investerarnas värdering kan hjälpa till att förklara lönsamhet bättre vid förväntad ekonomisk förlust.

Submitted by Lucas Nunes Pellegrino (lucasnpellegrino@gmail.com) on 2018-06-29T22:12:52Z No. of bitstreams: 1 Reconhecimento e legitimação jurisprudencial do Goodwill no Brasil - uma interpretação a partir da teoria econômica de John R. Commons.pdf: 2302092 bytes, checksum: ed7addaefd4de0d7707280ee216db0f9 (MD5) / Approved for entry into archive by Aline Aparecida Matias null (alinematias@fclar.unesp.br) on 2018-07-03T11:34:40Z (GMT) No. of bitstreams: 1 pellegrino_ln_me_arafcl.pdf: 2302092 bytes, checksum: ed7addaefd4de0d7707280ee216db0f9 (MD5) / Made available in DSpace on 2018-07-03T11:34:40Z (GMT). No. of bitstreams: 1 pellegrino_ln_me_arafcl.pdf: 2302092 bytes, checksum: ed7addaefd4de0d7707280ee216db0f9 (MD5) Previous issue date: 2018-04-23 / Conselho Nacional de Desenvolvimento Científico e Tecnológico (CNPq) / O texto objetivou analisar – de uma perspectiva do institucionalismo original – o processo de emergência, reconhecimento e legitimação jurídica/legal das formas de riqueza capitalistas intangíveis e incorpóreas em um país de capitalismo periférico, o Brasil. Claramente inspirado nas reflexões do economista institucionalista norte americano John R. Commons sobre a riqueza incorpórea e intangível, em especial o goodwill, e no papel do sistema legal na sua institucionalização, o texto toma a presença dessas formas de riqueza como sendo a expressão de maturidade do capitalismo monopolista, dada a imensa possibilidade que oferecem para a valorização do capital. O texto mostrou que no Brasil, à diferença dos EUA e outros países de capitalismo central, a presença de tais formas de riqueza foi inicialmente tardia (posterior aos anos 1920), e de certo modo limitada (circunscrita majoritariamente às atividades imobiliárias). Com a própria evolução e consolidação do capitalismo brasileiro, quando as novas formas de riqueza capitalistas foram ganhando peso e destaque, o sistema jurídico progressivamente foi se estruturando e se especializando para analisar e decidir sobre os conflitos originados da própria evolução do capitalismo brasileiro, em especial aqueles que envolveram o goodwill. Deste modo, buscamos compreender como tem sido o processo de regulamentação do goodwill pelo Estado na evolução do capitalismo e das instituições no Brasil, de modo a identificar e analisar casos jurídicos que possivelmente fundamentaram a lei, assim como as possíveis mudanças de entendimentos dos Tribunais de Cúpula (Supremo Tribunal Federal e Superior Tribunal de Justiça) daquilo que é considerado como prática “razoável” no que diz respeito ao goodwill, buscando delimitar os limites de ação dos indivíduos envolvidos e identificar as variáveis responsáveis por tais mudanças, sob a ótica da teoria de Commons. Vemos que parece haver consolidação incremental de jurisprudências acerca do goodwill ao longo das décadas (legitimando-o cada vez mais), principalmente em função do pequeno número de casos que subiram à terceira instância para decisão/delimitação das regras operacionais das transações que possam envolver esse ativo. / The text aimed to analyze - from a perspective of the original institutionalism - the process of emergence, recognition and law / legal legitimation of intangible and incorporeal capitalist wealth forms in a country of peripheral capitalism, Brazil. Clearly inspired by the reflections of North American institutional economist John R. Commons on incoporeal and intangible wealth, especially goodwill, and on the role of the legal system in its institutionalization, the text takes the presence of these forms of wealth as the expression of maturity of monopoly capitalism, given the immense possibility they offer for the valorization of capital. The text showed that in Brazil, unlike the USA and other countries of central capitalism, the presence of such forms of wealth was initially late (after the 1920s), and to a certain extent limited (mostly limited to real estate activities). With the evolution and consolidation of Brazilian capitalism itself, when the new forms of capitalist wealth gained weight and prominence, the legal system gradually became structured and specialized to analyze and decide on the conflicts originated from the very evolution of Brazilian capitalism, in particular those that involved goodwill. In this way, we seek to understand how the process of regulation of goodwill by the State in the evolution of capitalism and institutions in Brazil has been, in order to identify and analyze legal cases that possibly based the law, as well as the possible changes of understandings of the Courts of (Supreme Court and Superior Court of Justice) of what is considered a "reasonable" practice with respect to goodwill, seeking to delimit the limits of action of the individuals involved and to identify the variables responsible for such changes, from the point of view of the theory of Commons. We see that there seems to be an incremental consolidation of jurisprudence over goodwill over the decades (legitimating it more and more), mainly due to the small number of cases that have risen to the third instance for decision / delimitation of the operational rules of the transactions that may involve this active. / 148129/2016-1.

Fundação de Amparo à Pesquisa do Estado do Rio de Janeiro / A presente pesquisa objetiva analisar a utilização da Lei n 11.195/05, a Lei do Bem, por micro e pequenas empresas de base tecnológica - EBTs incubadas localizadas no polo tecnológico de Santa Rita do Sapucaí (MG), considerando para isto a interação da hélice tríplice, ou seja, a interação entre universidade-empresa-governo. Com intuito específico, objetiva identificar os principais motivos para a utilização da Lei do Bem, assim como dos motivos determinantes para a utilização ou não dos benefícios fiscais por ela proporcionados. A referida Lei proporciona benefícios fiscais voltados para a inovação e desenvolvimento de tecnologia, incluindo vantagens para a contratação de pesquisadores e na aquisição de equipamentos e maquinário para essas finalidades, entre outros. A pesquisa foi realizada pelo intermédio de uma estudo de campo na cidade de Santa Rita do Sapucaí (MG), que possibilitou a coleta dos dados mediante entrevistas estruturadas de maneira semiaberta com os empresários e órgão e instituições de apoio da região, possibilitando assim uma maior liberdade aos entrevistados para responderem dentro do roteiro estabelecido. O roteiro abrangia, de forma resumida, perguntas referentes à inovação, estrutura da região e do conhecimento e utilização da Lei do Bem. A análise dos dados coletados nas entrevistas constatou que o Arranjo Produtivo Local (APL) em que as empresas se encontram possui estrutura para a inovação e o desenvolvimento de tecnologia, entretanto, a interação entre os atores da hélice tríplice apresentou restrições em relação à utilização de financiamentos, fomentos e da utilização dos benefícios fiscais, em específico na dificuldade da utilização da Lei do Bem pelas empresas da região. Constatou-se nas as empresas pesquisadas, dificuldade para utilização de fomentos específicos para a inovação. Os fatores determinantes da dificuldade do uso da Lei do Bem apontados pela pesquisa foram o desconhecimento da Lei pelos empresários, falta de informação sobre a Lei e, o regime tributário escolhido. Esse estudo pode contribuir para aumentar o alcance da Lei do Bem às Micro e Pequenas Empresas (MPEs), e pela análise da citada Lei ao longo dos seus oito anos de vigência, sendo sete deles já reportados pelo Ministério da Ciência, Tecnologia e Inovação (MCTI), que resultou em uma lista com 1456 empresas que já se utilizaram dos benefícios proporcionados pela Lei do Bem de 2006 a 2012. / This research aims to analyze the use of Law No. 11.195/05, the Goodwill Law, for micro and small enterprises incubated technological base located in the technology hub of Santa Rita do Sapucaí (MG), considering that for the interaction of the triple helix, in other words, the interaction between university-industry-government. With specific, objective order to identify the main reasons for the use of the Goodwill Law, as well as determining reasons for using or not the tax benefits provided by. This law provides tax benefits directed towards innovation and technology development, including benefits for hiring researchers and the purchase of equipment and machinery for these purposes, and other incentives that will discourse in this research. The survey was conducted by means of a field study in the city of Santa Rita do Sapucaí (MG), which enabled the collection of data through structured interviews with semi-open way entrepreneurs and supporting organ and institutions in the region, thus enabling greater liberty to the respondents to respond within the established script. The script included, briefly , questions relating to innovation , structure of the region and knowledge and use of the Good Law Analysis of the data collected in the interviews found that the Local Productive Arrangement (APL) in which companies are own structure for innovation and technology development , however, the interaction between the actors of the triple helix introduced restrictions on the use of funds , encouragements and utilization of tax benefits , in particular the difficulty of using the Law of Good by companies in the region. It was found in the surveyed companies, difficulty using specific encouragements to innovation. The determinants of the difficulty of using the Goodwill Law found in the survey were the lack of Law by entrepreneurs, lack of information about the law and the tax regime chosen. This study may contribute to increase the reach of the Goodwill Law for Micro and Small Enterprises (MSE), and the examination of the said Act throughout its eight-year term , seven of them already reported by the Ministry of Science , Technology and Innovation (MCTI) , which resulted in a list of 1456 companies who have already used the benefits provided by the Good Law from 2006 to 2012.

Fundação de Amparo à Pesquisa do Estado do Rio de Janeiro / A presente pesquisa objetiva analisar a utilização da Lei n 11.195/05, a Lei do Bem, por micro e pequenas empresas de base tecnológica - EBTs incubadas localizadas no polo tecnológico de Santa Rita do Sapucaí (MG), considerando para isto a interação da hélice tríplice, ou seja, a interação entre universidade-empresa-governo. Com intuito específico, objetiva identificar os principais motivos para a utilização da Lei do Bem, assim como dos motivos determinantes para a utilização ou não dos benefícios fiscais por ela proporcionados. A referida Lei proporciona benefícios fiscais voltados para a inovação e desenvolvimento de tecnologia, incluindo vantagens para a contratação de pesquisadores e na aquisição de equipamentos e maquinário para essas finalidades, entre outros. A pesquisa foi realizada pelo intermédio de uma estudo de campo na cidade de Santa Rita do Sapucaí (MG), que possibilitou a coleta dos dados mediante entrevistas estruturadas de maneira semiaberta com os empresários e órgão e instituições de apoio da região, possibilitando assim uma maior liberdade aos entrevistados para responderem dentro do roteiro estabelecido. O roteiro abrangia, de forma resumida, perguntas referentes à inovação, estrutura da região e do conhecimento e utilização da Lei do Bem. A análise dos dados coletados nas entrevistas constatou que o Arranjo Produtivo Local (APL) em que as empresas se encontram possui estrutura para a inovação e o desenvolvimento de tecnologia, entretanto, a interação entre os atores da hélice tríplice apresentou restrições em relação à utilização de financiamentos, fomentos e da utilização dos benefícios fiscais, em específico na dificuldade da utilização da Lei do Bem pelas empresas da região. Constatou-se nas as empresas pesquisadas, dificuldade para utilização de fomentos específicos para a inovação. Os fatores determinantes da dificuldade do uso da Lei do Bem apontados pela pesquisa foram o desconhecimento da Lei pelos empresários, falta de informação sobre a Lei e, o regime tributário escolhido. Esse estudo pode contribuir para aumentar o alcance da Lei do Bem às Micro e Pequenas Empresas (MPEs), e pela análise da citada Lei ao longo dos seus oito anos de vigência, sendo sete deles já reportados pelo Ministério da Ciência, Tecnologia e Inovação (MCTI), que resultou em uma lista com 1456 empresas que já se utilizaram dos benefícios proporcionados pela Lei do Bem de 2006 a 2012. / This research aims to analyze the use of Law No. 11.195/05, the Goodwill Law, for micro and small enterprises incubated technological base located in the technology hub of Santa Rita do Sapucaí (MG), considering that for the interaction of the triple helix, in other words, the interaction between university-industry-government. With specific, objective order to identify the main reasons for the use of the Goodwill Law, as well as determining reasons for using or not the tax benefits provided by. This law provides tax benefits directed towards innovation and technology development, including benefits for hiring researchers and the purchase of equipment and machinery for these purposes, and other incentives that will discourse in this research. The survey was conducted by means of a field study in the city of Santa Rita do Sapucaí (MG), which enabled the collection of data through structured interviews with semi-open way entrepreneurs and supporting organ and institutions in the region, thus enabling greater liberty to the respondents to respond within the established script. The script included, briefly , questions relating to innovation , structure of the region and knowledge and use of the Good Law Analysis of the data collected in the interviews found that the Local Productive Arrangement (APL) in which companies are own structure for innovation and technology development , however, the interaction between the actors of the triple helix introduced restrictions on the use of funds , encouragements and utilization of tax benefits , in particular the difficulty of using the Law of Good by companies in the region. It was found in the surveyed companies, difficulty using specific encouragements to innovation. The determinants of the difficulty of using the Goodwill Law found in the survey were the lack of Law by entrepreneurs, lack of information about the law and the tax regime chosen. This study may contribute to increase the reach of the Goodwill Law for Micro and Small Enterprises (MSE), and the examination of the said Act throughout its eight-year term , seven of them already reported by the Ministry of Science , Technology and Innovation (MCTI) , which resulted in a list of 1456 companies who have already used the benefits provided by the Good Law from 2006 to 2012.

This master thesis deals with specifics of valuation, recognition and reporting of intangible assets that were acquired as a business combination under IFRS. This thesis is also devoted to specifics of intangible assets which indicate importance and difficulty of its standardization in accounting. The aim of the master thesis is to combine valuation and accounting standards for intangible assets with emphasis on acquisition process. Practical part is here to show how definitely companies valuate, measure and recognize intangible assets acquired in a business combination.

The main goal of my diploma is to describe domestic mergers and amalgamations, which take place on the territory of Czech republic. Chapters are divided and sorted by particular related areas of the czech legislative framowork. First part of my diploma is dedicated to mergeres as they are, their definition and basic characteristic.Then come description of mergers from different standpoints: legal, tax and account principles regarding to realized changes in framework legislation. A separate chapter describes the whole process of merger paying higher attention to obligatory steps and defined statuory terms. One of the chapters describes a process of merger as it is defined by IFRS rules and compares it with how it is defined by czech legislative framework. The last chapter is about showing an example on how two companies are merged.

The diploma thesis focuses on comparing the accounting treatment and reporting of intangible assets in accordance with rules in the CR and IFRS. This thesis is concentrated on finding significant differences. A practical example shows the form of intangible assets in practice a few selected companies from different sectors.

This diploma thesis deals with the issue of impairment tests of long-lived assets in the context of the International financial reporting standards with a particular focus on IAS 36 Impairment of assets. The thesis is divided into several parts which deals with the issue of measurement and recognition of assets and impairment test principles followed by specific procedures of impairment tests of individual long-lived assets as well as cash-generating units and goodwill. There is a continuous comparison with the Czech GAAP and US GAAP as well as analysis of information published in financial statements.

This thesis deals with consolidated financial statements prepared in accordance with UK GAAP and compares selected areas with the approach according to IFRS. The thesis describes development of UK accounting legislation from its beginnings to its current form focusing mainly on consolidation. It also outlines content of the key accounting standards that are relevant for the subject. The emphasis is put on use of the full consolidation method in preparing consolidated financial statements. The thesis also deals with accounting for investments in associates and joint ventures. Therefore it is necessary to define the criteria according to which it can be assessed whether an entity controls another entity. Another field of study is dedicated to new standards coming into effect for accounting periods commencing on or after January 1st, 2015. Benefits of changes that are incorporated in the new standards are subsequently evaluated. The aim of this thesis is to describe development of rules for preparation of consolidated financial statements in accordance with UK GAAP and to assess to what extent is UK GAAP affected by global convergence of accounting systems.