Abstract:

Assets, whether tangible or intangible by nature, are purchased by the organizations to be used for a long period of time, for providing, usually, economic benefits throughout this period. Their use in time throughout the organization's activities leads to a loss of their use value, reflected, in most cases, in lower technical and economic performance [1]. Because of their immaterial character, the loss of value of intangible assets is manifested mostly in the form of obsolescence caused in large part by the influence of technical progress. As a consequence, losing value in their use results in a reduction of their economical value. For ensuring continuity of operation for each unit process it requires a partially recovery of their lost value. This process of losing the value of an element of the can be one provisional (temporary) or irreversible contrary (permanently). Depending on the nature of the impairment process it can be brought into question the establishment of allowances for depreciation or amortization. Choosing a method or the other often brings in our attention changes, especially in tax matters for the organization. Taking into account the context in which they operate (especially in the tax side of the organization), these changes are reflected in the financial situation and furthermore in the reporting process involving those directly and indirectly interested in the economical situation of the firm. From here we can anticipate some direct implications for potential investors and existing ones, as well as competition.