The Intangibles Disclosure Framework (IDF) outlines principles for enterprises to disclose and communicate their Intangible Assets (IA), such as brand value, patents or registered designs, in a systematic and comprehensive way.
As an initiative of the Singapore Intellectual Property (IP) Strategy 2030, the IDF supports the disclosure of consistent information about a company’s IA, enabling stakeholders to make more informed assessments of an enterprise’s business and financial prospects.
The disclosure principles in the IDF are anchored in four pillars: Strategy, Identification, Measurement, and Management (SIMM).
The IDF is a public-private initiative led by the Intellectual Property Office of Singapore (IPOS) and ACRA. It was developed by an industry working group comprising representatives from the accounting, valuation, legal, and finance sectors.
It was launched at IP Week @ SG 2023 on 4 September 2023 by Second Minister for Finance, Ms Indranee Rajah. Click here to read her speech.
For more information, you may refer to the IDF, and the Summary of Responses from the public consultation.
Example Reports
In line with the implementation recommendations to showcase practical applications of the IDF, IPOS has worked with the WIPO-IPOS IP for Innovation Awards 2024 finalists to prepare example reports based on the IDF. These example reports, provided below, serve as guidance for enterprises that wish to begin with a basic application of the IDF.
Etavolt
Hegen
ImmunoScape
Kajima Development
Nanofilm Technologies
OTSAW Digital
TikTok
Transcelestial
Zero-Error Systems