Home  Journals  International Accounting  40(382) - 2015 October

Methodological approaches to valuation of intangible resources of the population in banking

Received: 16 January 2015

Accepted: 28 January 2015

Available online: 27 February 2016

Subject Heading: COST ACCOUNTING AND CALCULATION OF VALUE

JEL Classification: 

Pages: 53-62

Importance The transformational changes in the Russian financial system are an objective phenomena limiting the entire function of the financial services market. Under these circumstances, the banking sector participants face the problem of searching for additional resources to establish the optimal balance of their functioning in the new economic situation, and to define development prospects.
     Objectives A solution to the problem is to enhance the role of intangible resources of the public in the capital of commercial banks. The objective of the study is to offer ways to attract intangible resources of the population through their identification and valuation in the management accounting of a commercial bank.
     Methods Using a comparative analysis, I studied the best national and foreign methodologies for identification and valuation of intangible resources of the population as an additional source of commercial bank’s resource potential growth.
     Results The study identified the specifics and key criteria of traditional methods of valuation, i.e. the monetary method, the indicator method, market capitalization and ROA methods. I found out that traditional models and methods for identifying and valuing the intangible resources of the public are inappropriate in the current conditions of the banking sector functioning.
     Conclusions and Relevance It is essential to develop methodologies focused on identification and evaluation of intangible resources of the public in the activity of a commercial bank, as the importance of this issue is apparent under unstable financial services market and increased competition.

Keywords: banking, population, intangible resources, methodological approaches, valuation

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