Note disclosure requirements for intangible assets and goodwill have increased significantly over the past years for all of the following reasons EXCEPT O reporting conventions have lagged behind innovative developments. O some intangibles, like employee education, can be short-lived. O there is a gap between carrying amounts and perceived market value. O a significant number of intangibles are not recognized on the financial statements.

Note disclosure requirements for intangible assets and goodwill have increased significantly over the past years for all of the following reasons EXCEPT reporting conventions have lagged behind innovative developments. some intangibles, like employee education, can be short-lived. there is a gap between carrying amounts and perceived market value. a significant number of intangibles are not recognized on the financial statements