on "Problems of intellectual property protection and accounting of intangible assets of the organization" was made by  Svetlana Kazmina   at the  seminar "Consolidated accounting (financial) statements according with the Russian Accounting Standards  for 2009 and 2010. Uniform accounting policies for accounting purposes in 2011 and legislative changes in 2011 ". The seminar was organized by the  United Industrial Corporation "OBORONPROM" ("DEFENCE INDUSTRY")  and Scientific Research Center "NTC Audit" for the chief accountants of companies entering this holding March 14, 2011.

The presentation pointed to the possibility of distortion of accounting and tax reporting due to unrecognized or delays in the adoption of accounting exclusive rights to intellectual property as intangible assets. The companies shall pay particular attention to the order of forming the initial cost of intangible assets and follow the rules of recognition of expenses and limitations when applying Accounting Rules 14/2007, taking into account amendments dated 25.10.2010. There was mentioned  the possibility of accelerated amortization of intangible assets in tax accounting according to the art. 258 of the Tax Code of  the Russsian Federation (as amended by the Federal Law 395 dated 28.12.2010).