IPRD

AcronymDefinition
IPRDInstitute for Policy Research & Development
IPRDIntellectual Property Rights Division
IPRDIn-Process Research & Development
IPRDIn-Plant Reliability Data
IPRDIntegrated Payloads Requirements Document
IPRDInstructional Performance Requirements Document (Instructional Design)
IPRDInformation and Public Relations Department (various locations)
References in periodicals archive ?
The new standard on business combinations considers acquired IPRD to be an asset, rather than an expense.
In addition to financial measures prepared in accordance with generally accepted accounting principles (GAAP), management provides non-GAAP adjusted earnings per share and constant currency revenue growth rates because management believes that in order to properly understand the company's short-term and long-term financial trends and for purposes of comparability to other companies, investors may wish to consider the impact of certain adjustments (such as gain on extinguishment of debt, gain on sale of non-strategic assets, IPRD charges, amortization of intangible assets, amortization of financing costs and related income tax adjustments and the impact of foreign currency translation on reported revenue).
We present it much as we did to our school district's IPRD Committee, of which Thomas may now be considered an honorary member.
The support for capitalizing is fairly straightforward--the acquirer pays to obtain some amount of future benefit--whereas the argument against capitalizing centers on the inability to reliably measure IPRD or the benefit period.
In this context, FASB views IPRD as an unrecorded asset and, accordingly, requires the allocation of fair value to IPRD.
Among the items in GAAP measures but excluded for purposes of determining adjusted earnings and other adjusted measures are: charges related to implementation of the Productivity Transformation Initiative; gains or losses from the purchase or sale of businesses and product lines; discontinued operations; restructuring and other exit costs; accelerated depreciation charges; asset and IPRD impairments; charges and recoveries relating to significant legal proceedings; upfront and milestone payments for in-licensing of products that have not achieved regulatory approval, which are immediately expensed; special initiative funding to the Bristol-Myers Squibb Foundation; and significant tax events.
Guidance for both periods excludes the impact of any unusual non-recurring items, such as gain or loss on early debt extinguishments, sale of non-strategic assets or IPRD charges on milestone payments related to prior acquisitions.
In addition to financial measures prepared in accordance with generally accepted accounting principles (GAAP), management provides non-GAAP adjusted net income, non-GAAP adjusted earnings per share and constant currency revenue growth rates because management believes that in order to properly understand the Company's short-term and long-term financial trends and for purposes of comparability to other companies, investors may wish to consider the impact of certain adjustments (such as gain on extinguishment of debt, gain on sale of non-strategic assets, IPRD charges, amortization of intangible assets, amortization of financing costs and related income tax adjustments and the impact of foreign currency translation on reported revenue).
Non-GAAP adjusted EPS for the third quarter of 2008 excludes the IPRD charge on a milestone payment related to a prior acquisition.
Guidance for both periods excludes the impact of any unusual non-recurring items that could occur, such as gain or loss on early debt extinguishments or IPRD charges on milestone payments related to prior acquisitions.
Address : IPRD, South Block, Secretariate, Thiruvananthapuram - 695001
Guidance for both periods excludes the impact of any unusual non-recurring type charges that could occur in 2009, such as IPRD charges on milestone payments related to prior acquisitions.