Handbook asset point suite eng 5.6

Handbook for Accounting Experts
“Identification, Registration & Valorization
UNDISCLOSED INTANGIBLE ASSETS”
Update to Regulation (UE) 2019/2075 of 29 november 2019
Accounting Principles IAS n°38 – IASB
Principio IVS 210 del International Valuation Standards Council del 7 avril 2016
Release 5.6 ENG
WWW.ASSETPOINTSUITE.COM

“The innovative digital platform for measuring intangibles assets”
The ASSET POINT Suite is an innovative digital platform that allows you to identify, enhance and
certify the intangible assets of individuals and organizations that otherwise would not be capitalized.
Conceived and created by STARPLAN Srl, the innovative Italian start-up, it integrates international
accounting standards with modern digital technologies for data collection and processing: the ASSET
POINT Suite aims to represent an innovative and practical tool for accounting and certification of called
"intangible assets", made easily accessible to all accounting experts, but also to individual non-
professional users who for the first time can directly “capitalize” their Intellectual Capital.
The ASSET POINT Suite consists of a series of management software that allow the User to:
- Upload certified data / info (electron-CV , electron-CP and electron-BS)
- Valuing and reporting on User’s intangible assets (Intangible Asset Report)

ASSET POINT Suite platform allows to register intangible assets, in particular those that represent
"Intellectual capital", in order to enhance them and at the same time protect them in compliance with
the international standards WIPO (World Intellectual Property Organization) and Accounting
principles IAS38 (International Accounting Standard) and IFRS (International Financial Reporting
Standards), also taking into consideration the management practices and operating procedures ISO
55000 - Asset Management.
These guidelines concerning the correct use of the ASSET POINT Suite digital platform in professional
practice have been drawn up by the STARPLAN team taking into account version 5.6 of the same,
with the aim of providing practical indications for optimizing its applications, with reference to the
directives indicated in the Regulation (EU) 2019/2075 of November 29, 2019 IAS accounting
standard no.38 – IASB. And Principle IVS210 International Valuation Standards Council.

Commission Regulation (EU) 2019/2075 of 29 November 2019
Amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No
1606/2002 of the European Parliament and of the Council as regards International Accounting Standards 1, 8, 34, 37 and 38, International
Financial Reporting Standards 2, 3 and 6, Interpretations 12, 19, 20 and 22 of the International Financial Reporting Interpretations
Committee and Interpretation 32 of the Standing Interpretations Committee (Text with EEA relevance)
Article 1 - The Annex to Regulation (EC) No 1126/2008 is amended as follows:
(a) International Accounting Standard (IAS) 1 Presentation of financial statements is amended as set out in the Annex to this Regulation;
(b) IAS 8 Accounting policies, changes in accounting estimates and errors is amended as set out in the Annex to this Regulation;
(c) IAS 34 Interim financial reporting is amended as set out in the Annex to this Regulation;
(d) IAS 37 Provisions, contingent liabilities and contingent assets is amended as set out in the Annex to this Regulation;
(e) IAS 38 Intangible assets is amended as set out in the Annex to this Regulation;
(f) International Financial Reporting Standard (IFRS) 2 Share-based payment is amended as set out in the Annex to this Regulation;
(g) IFRS 3 Business Combinations is amended as set out in the Annex to this Regulation;
(h) IFRS 6 Exploration for and evaluation of mineral resources is amended as set out in the Annex to this Regulation;
(i) Interpretation 12 of the International Financial Reporting Interpretations Committee (IFRIC 12) Service Concession Arrangements is
amended as set out in the Annex to this Regulation;
(j) IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments is amended as set out in the Annex to this Regulation;
(k) IFRIC 20 Stripping Costs in the Production Phase of a Surface Mine is amended as set out in the Annex to this Regulation;
(l) IFRIC 22 Foreign Currency Transactions and Advance Consideration is amended as set out in the Annex to this Regulation;
(m) Interpretation 32 of the Standing Interpretations Committee (SIC-32) Intangible assets — website costs is amended as set out in the
Annex to this Regulation.

Asset’s definition: a resource controlled by the Entity that can be Material, Financial and Intangible.
In international accounting practice (IAS-IFRS) intangible assets:
- intangible asset is an identifiable non-monetary asset without physical substance
- that can be identified separately: when it arises from contractual or other legal rights and can be
sold, transferred, licensed, etc
- which are presumed to be a source of probable future economic benefits,
- that have been acquired or developed internally
- incurring identifiable costs: expenditure for an intangible item is recognised as an expense, unless the
item meets the definition of an intangible asset
- which have a finite and definite life
- and with a market value distinct from the owner economic entity
Examples of intangible assets include computer software, licences, trademarks, patents, films,
copyrights and import quotas and other intellectual capital.
ASSET POINT Suite: the digital platform for measuring intangibles assets
What are Intangible Assets: accounting definition

In fiscal practice, the concept of Intellectual Capital is intrinsically linked to that of Intellectual
Property (IP) and refers in general to all "products" generated by "creations of the mind": the Rights
generated by the legal protection of ideas and derivative products certified the existence of the
“know-how” (intangible asset) which can therefore be protected and enhanced under the terms of
Property and economic rights.
The international WIPO standards protect intellectual property rights such as patents, copyrights
and trademarks, allowing people to gain recognition or financial benefits from what they invent or
create. The filing of Patents, Copyrights and Related Rights, Trademarks, Industrial Designs and
Integrated Circuits, Geographical Indications, Protection against unfair competition, represent the
formal act necessary to be able to claim your legal property rights.
Thanks to the use of new digital technologies, the ASSET POINT Suite platform offers the advantage
of being able to "deposit" in real time and at very low cost every "product" of the intellect, which
according to international standards can be identified as an Intangible Asset and at the same time
measure its intangible value.
Protection of Intellectual Capital: the WIPO rules

Standard ISO 55000: intangibles assets management
The ISO 55000 standards establishes the rules for good management of all assets (tangible and
intangible). The growing weight of intangible assets in corporate strategic decisions is imposing the
development of specific corporate skills at the Asset Management System (AMS) level for the
management of intangible assets.
The ASSET POINT Suite platform represents an excellent support for managers of "intangible" assets,
as it complies with international Asset Management standards: companies can quickly integrate the
ASSET POINT Suite platform as a resource to be used in operational procedures to improve
management of intangible assets.
The new ISO 55000 standards introduced "raise the bar" for the discipline of asset management and
provide a clear reference point for the good management of all assets, including intangible ones.

The ASSET POINT Suite platform complies with international standards relating to the protection of
intellectual property rights (WIPO) and the accounting standards for their certification in the financial
statements (IAS38): Users can therefore protect the legal rights of their intangible assets with the
simple registration on the platform.
As for the Tangible Assets, the "capital" of the intangible assets is essentially represented by the "Legal
Rights" that derive from their title and therefore certify their existence in life regardless of whether
these rights are transferable or separable from the entity or other rights and obligations (IAS38 §12).
We can distinguish them into 2 main categories:
PROPERTY RIGHTS (Moral Right): an intangible asset such as the know-how is protected by the right
of ownership, even when the right of use is sold (transmitted) to third parties.
ECONOMIC RIGHTS (Right of use): the transfer to third parties of the right of use in the different ways
provided by the various local jurisdictions.
Intangible assets: Legal rights and obligations

Register Intangible Assets in Personal and Corporate assets.
Intangible assets are also subject to accounting registration, periodic revaluation and amortization: the
correct real-time monitoring of the value of the individual intangible assets that make up the entity's
intellectual capital guarantees shareholders, customers and all potential investors, on the actual
existence and consistency of the "intangible" heritage.
The use of the ASSET POINT Suite platform facilitates the preparation of the Explanatory Notes in the
financial statements relating to the Entity's intangible assets: also the possibility of identifying and
recording intangible assets, which without the ASSET POINT Suite platform would be difficult to
identify and certify in compliance with the regulations accounting in force, allows the capitalization of
intangible assets already present in the company but not yet adequately valued in the financial
statements.
Currently, the enhancement of this "invisible" assets, called "Undisclosed Intangible Assets", often
passes through legal and accounting practices (business combinations), among which the most
common Mergers & Acquisitions, which make it possible to record and therefore legally register
(market value) the existence of an "intangible value surplus" which otherwise could not be accounted
for in the financial statements.

MATERIAL GOOD INTELLECTUAL CAPITAL
Currently, the companies that have focused their “core business” on the development of intangible
assets (eg in the start-up and high-tech sector) are the most capitalized on the market. The others find
it difficult to capitalize on their existing intangible capital, and are therefore subject to an
undervaluation on the market which creates capitalization problems.
Dematerialization of Individual and corporate assets.
In recent years, the transition to a "knowledge based" economy has radically changed the "business
models" and methods of corporate valuation. Consequently, we have witnessed the phenomenon
according to which companies are progressively "dematerializing", meaning by this neologism the act
whereby the investment of capital in the company increasingly concerns intangible assets rather than
tangible ones.

Faced with the phenomenon of dematerialization of assets, the accounting rules in force in different
countries, despite the new directives of the IAS, are often not yet sufficiently updated to allow the
correct recording of intangible assets.
Currently, most of the intangible assets present in organizations cannot be identified, registered and
valued separately, and therefore cannot be certified as intangible assets, but are valued aggregated in
the generic balance sheet item “Goodwill”.
In daily practice their existence and economic consistency is increasingly substantial, and it appears
evident at the time of business combinations, where often the price / exchange value negotiated
exceeds the value of the assets accounted for in the balance.
In particular, in the financial statements of "high tech" companies and innovative start-ups, "intangible"
assets represent almost all of the corporate assets: the identification and evaluation of the various
components of the "Goodwill" becomes a priority for the correct economic evaluation of the assets .
Intangible Assets VS Goodwill

UNDISCLOSED
INTANGIBLE
ASSETS Surplus of Value indicated in the
financial statements under the item
"Goodwill"
The real value (Fair value) of a company is often higher than that officially recognized in the financial
statements: the difference is represented by the "Intellectual capital not identified separately" called
"Undisclosed Intangible Asset" and which is classified under "Goodwill"
The impossibility of separately identifying the intangible assets counted under the item Goodwill,
can lead to accounting registration errors and consequently to incorrect asset valuation, caused by
double counting (Double Counting), where intangible assets already certified separately are
recounted a second time within the item "goodwill".
Double counting of Intangible Assets

IAS38: Intangible Resources and Intangible Activities.
According to the International Accounting Standards, Intangible Assets are defined as all "intangible
assets" which are separately identifiable and which are presumed to be a source of probable future
economic benefits: the use of these intangible resources often creates new intangible assets (new
"know-how") which can be identified separately, valued in the form of probable future benefits and
then recorded in the balance sheet. For this reason, for example, the research and development costs,
regardless of the concrete results (material assets) obtained, can be accounted for in determining the
value of the intangible asset (know-how) developed internally (IAS38 §5).
The ASSET POINT Suite platform is the only one that is able to monitor and record in real time the
changes in the value of intangible resources which by their nature are very dynamic and are often
linked and directly connected to material resources.

Intangible Assets: certified your “Cartellino”
Certifying with the ASSET POINT Suite platform, one's “know-how” allows you to monetize on the
market “owned assets”, even if intangible, which otherwise could not be valued.
The so-called “Cartellino or Athletes Card" is nothing more than the certification of an intangible value,
which allows "future sports performance" to be negotiated on the market, transforming "intangible
assets = athlete's ability" that are illiquid into monetary values.
The ASSET POINT Suite platform allows all Users to register and value the Intellectual Capital owned in
their own “tag” and to negotiate on the financial market the transfer of the resulting economic rights,
like any football player.
For example, students can easily use the transfer of "economic" legal rights certified by their "tags" as a
guarantee to obtain scholarships and / or school loans, Start-Ups can transform their "Innovative Ideas"
into liquidity, Companies recapitalize their assets by monetizing their “know-how”.
In addition, the certification of "intangible capital" facilitates the assessment and recruitment of
personnel, because the individual "skills" are assessed and analyzed in detail: monitoring in real time
allows you to know the value of intangible assets at any time.

In international accounting practice (IAS-IFRS) intangible assets:
- intangible asset is an identifiable non-monetary asset without physical substance
- that can be identified separately: when it arises from contractual or other legal rights and can be sold,
transferred, licensed, etc
- which are presumed to be a source of probable future economic benefits,
- that have been acquired or developed internally
- incurring identifiable costs: expenditure for an intangible item is recognised as an expense, unless the
item meets the definition of an intangible asset
- which have a finite and definite life
- and with a market value distinct from the owner economic entity
The ASSET POINT Suite platform records and certifies:
- the costs incurred for the acquisition and / or internal development of each intangible asset
- and the relative market value, taking into account the relative economic rights that legitimize the
future benefits.
Registration of Costs and Valorization of Economic Rights

The ASSET POINT Suite platform identifies and records the following Intangible Assets (IAS / IFRS):
- intangible assets owned by the entity in accordance with the definition IAS 38 §9.
- assets deriving from contracts with customers that are recognized in accordance with IFRS 15
- intangible assets contained in physical assets (IAS 16)
- research and development, advertising training and start-up activities (IAS38 §5)
- intangible assets derived from rights held by the lessee (licensing agreements for objects such as films, videos, theatrical and -
literary works, patents, copyrights (IAS38 §6)
The ASSET POINT Suite platform on the other hand does not identify:
- financial assets, as defined by IAS 32 Financial instruments: presentation in the financial statements;
- assets deriving from employee benefits (see IAS 19 Employee benefits);
- deferred acquisition costs and intangible assets arising from the insurer's contractual rights in insurance contracts that fall within
the scope of IFRS 4
- non-current intangible assets classified as held for sale (IFRS 5)
- goodwill acquired in a business combination (see IFRS 3 Business Combinations);
- leases of intangible assets accounted for in accordance with IFRS 16 Leasing;
- the recognition and measurement of exploration and valuation assets (see IFRS 6 Exploration and Valuation of Mineral Resources,
Oil, Natural Gas and Similar Non-renewable Resources);
Intangible assets identified by the ASSET POINT Suite platform

Components of the Intellectual Capital
The individual intangible assets are valued in real time by the ASSET POINT Suite platform thanks to
the monitoring of the various specific indicators of intangible assets which at the same time allow the
classification of each intangible asset in output in the specific category of intangible assets. The
ASSET POINT Suite platform currently allows you to manage the registration of most of the
intangible assets of the so-called Intellectual Capital, classifying them into 4 main categories:
Relational Capital
Human Capital
Structural Capital
1
2
3
4 Innovation Capital

The ASSET POINT Suite processes the Input Data and calculates in real time the value of the
Intangible Assets in the form of Asset Point Score Indicators, for each category of Intellectual
Capital:
DATA INPUT
Human Capital
Total Asset Points
Structural Capital
Total Asset Points
Relational Capital
Total Asset Points
Innovation Capital
Total Asset Points
-Electron CURRICULUM VITAE
- Electron COMPANY PROFILE
- Electron BRAIN STORMING
- Predictive Algorithms
- Banche Dati – Open Source
- Platform digital /socialnetwork
- Survey/ Reviews

The ASSET POINT Suite platform uses an innovative Scorecard Methods (SC), where the Intangible
Assets are evaluated in the form of “score indicators” called Asset Points (AP).
The ASSET POINT Suite platform therefore outputs a file-report with the details of each intangible
asset identified and recorded, in combination with the supplementary sheets relating to the
measurement methods used: the documentation produced allows the accounting experts to correctly
record and account for the financial statements of intangible assets.
The advantages of using a Scorecard Methods (SC) are different:
- allows to standardize the valuation of different intangible assets and thus make them easily
comparable (Asset Point Score Index)
- monitors the impact of each individual intangible asset on global financial reporting.
- creates a more complete picture of an organization's health than financial metrics
- it is easily applicable to any level of organization, individuals and even non-profit organizations
- it allows you to compare the intangible assets (Ranking) of different organizations / individuals in
different countries even if subject to different accounting registration rules
Measuring Intangible Assets with Asset Point Score Indicators

Human Capital: Intangible Asset1
Human Capital is defined as the set of acquired "know-how" that each individual brings with him as
a result of work / school / relational experiences.
It encompasses all the knowledge, skills, experiences and personal abilities acquired in the course of
life: some of this knowledge is unique and specialized, while others can be defined as generic.
The Human Capital of Entities is represented by the sum of the Human Capital of the individual
employees / collaborators.
Thanks to the ASSET POINT Suite platform, the assessment of human capital during the selection
and recruitment phase of collaborators is greatly simplified, allowing for improvement in the
management and coordination of human resources.
The ASSET POINT Suite platform identifies the various Intangible Assets that make up the Human
Capital and measures them in the form of Asset Point Score. At the same time, it records and
publishes in the Intangible Asset Report the related monetary values (Cost, Market and Future
Revenue) as recorded in automatically detected by the platform and / or uploaded by the User on
the Data Form of the personal account.

Structural Capital: Intangible Asset2
Structural Capital is defined as the "pool of knowledge" that remains with the individual/entity
at the end of the social relational experience. Each User has his own operational “know-how”
which he has developed from relational experiences in accordance with the management
procedures of work groups / non-profit / recreational / sports activities.
It therefore includes all routines and operating procedures, management systems, cultural
habits, habits learned in the course of one's social life.
In all group activities, each individual component must learn and respect the operational "rules"
in order to be able to perform their functions in the best possible way: the assimilation of
operational "habits" represents an intangible asset for the individual.

Relational Capital: Intangible Asset3
Relational Capital is defined as all resources (intangible assets in outsourcing) related to the
external relations of the individual or company such as contacts, customers, suppliers or
business partners.
It specifically identifies that part of the intellectual capital that is represented by intangible
values that are developed through the intangible activity of Public Relation: in recent years,
digital technologies have facilitated and increased "social contacts" also allowing individuals to
organize and expand its network of contacts thanks to the “social network” platforms, and
consequently increase sharing opportunities.
The ASSET POINT Suite platform constantly monitors the network of each User, including
publicly accessible information collected on the WEB, and calculates its added value: for
example, simply by participating in events such as conventions, congresses, research groups,
fairs and various events , represents an opportunity to increase one's network, and in relation to
the “intangible value” of the people met, it allows to increase one's relational capital.

Innovation Capital: Intangible Asset4
Intellectual capital developed internally with research and development (R&D) can be accounted for
as an intangible asset (Innovation Capital) since, although these assets may materialize in physical
assets, the physical component (product derived from research) is secondary to its intangible
component, ie the acquisition of new knowledge contained in it.
Therefore, even in the hypothesis that R&D did not lead to any "final product / application", with an
economically appreciable impact on the market, the sole acquisition of "knowledge" by the entity
represents in itself an intangible asset, which legitimizes it capitalization.
Initial and subsequent investments in R&D projects can therefore also be accounted for later.

Innovation Capital: piattaforma Brainstorming4
In order to incentivize and at the same time enhance all the individual intangible activities that are
usually carried out as part of the intangible R&D activity, the design team of the ASSET POINT Suite
platform has set up a special "BRAINSTORMING" space (e-BS), which allows easily record and
monitor:
Ideas of Research: Each researcher can record their research ideas and share them
IPR & D (In Progress Research & Development): ideas that collect adequate feedback and support
from the scientific community are developed in more structured research projects
Research of Protocol: when IPR & D materialize in official research protocols
Patent: are the patents that arise from applied research
Publication: all types of publications relating to research protocols
The individual researcher can launch and manage as an "Admin" his own “e-BRAINSTORMING
Dashboard" (Ideas of Research / IPR & D) and / or actively participate in those proposed by others:
all activities (Feeds) will be recorded and evaluated by the platform ASSET POINT Suite in real time
and accounted for in the form of an Asset Point to the individual User, and will also allow the
monitoring and certification of the contribution of each participant, up to the publication and / or the
Patent.

The ASSET POINT Suite platform uses different methods of collecting information that provide the
Input Data for identification and evaluation in the form of Asset Point Score Indicators of the
Intangible Assets:
- Data / Documents uploaded directly by the User to their account: the electron-Curriculum Vitae for
individuals, the electron-Company Profile for legal entities and electron-BrainStorming.
- Balance sheet items and/or fiscal/contractual documents relating to Costs/Market Value / Revenue
- External Sources: Data / Documents of archives and platforms accessible and searchable online.
Information / confirmations from other Registered and Unregistered Users, including web reviews.
- Questionnaires (e.g. customer / employer satisfaction surveys
The ASSET POINT Suite platform software is able to certify the truthfulness of the information in real
time by comparing the different sources of verification (digital archives) and confirmations / denials of
the Users themselves.
If the information uploaded by the User to their profile is found to be false and fraudulent, the
platform will automatically send a notification to the User, and in the absence of clarification it will
proceed with the closure of the User's account and referral to the competent judicial authorities
Collection of data/information relating to intangible assets

Loading Information / Documents in the electron Curriculum Vitae (e-CV)
It represents an innovative tool made available to all individual Users to prepare their own “certified”
electronic Curriculum Vitae in a professional way.
Unlike any other CV drafting method, the ASSET POINT Suite platform verifies the truthfulness of
the information and the related attached documents entered by the Users.
All data entered are encrypted and protected in accordance with the rules on the protection of
privacy and cybersecurity (EU Regulation 2016/679)
The data entered are also used by the platform, in conjunction with other sources) to determine the
User's Asset Point Ranking and are of 3 types:
- Personal data: certify the ownership of intangible assets (Property Rights)
- Score indicators: allow you to monitor the various intangible assets
- Value Indicators: they quantify the recorded activities in numerical / monetary terms
In addition, the possibility of real-time updates of the valuation of intangible assets owned by the
User, with the related Asset Point Ranking, offers numerous practical applications otherwise
impossible with the old Curriculum Vitae.

Loading Information / Documents in the electron Company Profile (e-CP)
It represents an absolute novelty, an innovative tool made available to all entities Users to prepare
their own “certified” electronic Company Profile in a professional way.
Unlike any other Company Profile drafting method, the ASSET POINT Suite platform verifies the
truthfulness of the information and the related attached documents entered by the Users.
All data entered are encrypted and protected in accordance with the rules on the protection of
privacy and cybersecurity (EU Regulation 2016/679)
The data entered are also used by the platform, in conjunction with other sources) to determine the
User's Asset Point Ranking and are of 3 types:
- Personal data: certify the ownership of intangible assets (Property Rights)
- Score indicators: allow you to monitor the various intangible assets
- Value Indicators: they quantify the recorded activities in numerical / monetary terms
In addition, the possibility of real-time updates of the valuation of intangible assets owned by the
User, with the related Asset Point Ranking, offers numerous practical applications otherwise
impossible with the old Company Profile.

Loading Information / Documents in the electron Brain Storming (e-BS)
It represents an absolute novelty, an innovative tool made available to all individual Users to prepare
their own “certified” electronic Brain Storming in a R&D way.
The individual researcher or organization can launch and manage as an "Admin" his own “e-
BRAINSTORMING Dashboard" (Ideas of Research/IPR&D) and/or actively participate in those
proposed by others:
-Ideas of Research: Each researcher can record their research ideas and share them
-IPR&D (In Progress Research & Development): ideas that collect adequate feedback and support
from the scientific community are developed in more structured research projects
-Research of Protocol: when IPR&D materialize in official research protocols
-Patent: are the patents that arise from applied research
-Publication: all types of publications relating to research protocols
All activities (Feeds) will be recorded and evaluated by the platform ASSET POINT Suite in real time
and accounted for in the form of an Asset Point to the individual User, and will also allow the
monitoring and certification of the contribution of each participant, up to the publication and / or the
Patent. All data entered are encrypted and protected in accordance with the rules on the protection
of privacy and cybersecurity (EU Regulation 2016/679).

The ASSET POINT Suite platform verifies the veracity of the data and documents uploaded to your
profile, sanctioning and reporting any abuse and attempted fraud, with the closure of the User's
account and referral to the competent authorities.
For real-time verification, the ASSET POINT Suite platform uses 3 control modes:
1. Insertion by the User at the time of registration of the information of the related external contacts
(testimonials) for verification.
2. Direct confirmation by other Users belonging to the same network or connected to it.
3. Data interpolation software from the different verification sources, including digital archives and all
information on the web, which certifies the confirmation and therefore the veracity of the
information. The software assigns each confirmation source a reliability ranking in order to be able to
certify the information with certainty.
Finally, the platform confirmation procedures are available upon request for external checks, in
particular with regard to declarations and documents uploaded by the User (eg. Identity documents,
educational qualifications, financial statements, certifications, etc.)
Check Information / Documents on e-CV / e-CP / e-BS

Publication / Presentation of Data with e-CV/e-CP
The User can decide which Data and Documents uploaded to his account to make accessible in the
e-CV/e-CP to the recipient. The account owner alone can authorize the consultation of the e-CV/e-
CP, thus granting or denying the "access key" to the different fields: through the Dashboard all
information is processed by the ASSET POINT Suite platform and directly stored in Cloud Computing
platforms in encrypted format, to protect the sensitive information contained.
Not even the administrators of the ASSET POINT Suite platform can access the User's sensitive
information, as all the procedures for identifying and enhancing the Intangible Assets are processed
in real time by the software chosen using Artificial Intelligence algorithms.
Furthermore, through the e-CV/e-CP search form (Name, Surname / Company name, Country, Age/
Year of incorporation, Profession/Activity) on the ASSET POINT Suite platform it is possible to
search and get in touch with other Users who have a e-CV/e-CP, by filling in the relevant Contact
Form: the search form does not provide any sensitive contact information (addresses, telephone
numbers and e-mails), the User will be contacted through the form to decide which Data entered on
his e-CV/eCP, will want to share and the level of accessibility to the attached documents granted to
the applicant.

Save Template of e-CV and e-CP
To simplify and speed up the selection of the information you want to share by sending your e-CV/e-
CP, the User can save different customized e-CV/e-CP templates, depending on the intended use, in
in order to have the ideal document ready for every occasion.
On the one hand, this function offers the User the ability to store all confidential information without
limits on their personal account, and to manage their sharing at a later time and above all in a
targeted manner.
We remind you that all the information uploaded on the e-CV/e-CP is used by the ASSET POINT
Suite platform: registering any information on your account (including those that you do not intend to
share) has the advantage of increasing the exploitation by the management software of the own
assets in Intangible Assets.

Intangible Assets Report : attached e-CV and e-CP
To complete the information, the User can decide to attach to his e-CV/e-CP the Analysis Report of
his intangible assets (Intangible Assets Report), which includes the relative recordings of monetary
values (Cost, Market, Future benefits) and the Ranking in the form of Asset Point Score Indicators:
also in this case the level of access detail is decided by the User.
Therefore, in a first sending, the User can easily decide to send a synthetic report that still allows him
to give an idea of the value of his "Intellectual Capital", split into its Human / Relational / Structural
and Innovation Capital components, and then , based on needs and / or requests, integrate the
documentary information.
This function transforms the old CV/CP document into a dynamic and effective presentation tool
that at the same time certifies the value of the Intellectual Capital of the individual User: the ASSET
POINT Suite platform complies with the rules for the protection and storage of sensitive data on the
Cloud Computing.

Realtime update of Report Intangible Assets
All the information in the e-CV/e-CP is automatically updated by the ASSET POINT Suite platform in
real time: the updates can be uploaded directly by the User or reported by the platform as a result of
the interpolation of data from other profiles: for example if in an e-CP the Company records the
promotion of an employee on the e-CV of the same, the system will automatically record the update.
In any case, even when the update arrives in automatic mode, it will always be the User who decides
the registration and therefore the update date of his e-CV.
The historical report of all the up-grades recorded on the e-CV/e-CP, with the relative update dates,
allows the accounting experts to easily evaluate the reference date:
- measurement in the form of Asset Point Indicators
- the book value of the intangible assets owned
- the methods of depreciation
- the existence in life and the control of the single Intangible Asset
- the methods of acquisition (internal development, external acquisition, etc.)
- the methods of sale (sale, aggregation, etc.)
- the revaluations / devaluations of intangible assets

Intangible Assets Report compliant with Principle IAS38
The ASSET POINT Suite platform prepares the Intangible Assets report in compliance with the
Accounting Principles of Regulation (EU) 2019/2075 of November 29, 2019 IAS Accounting Principle
38 - IASB:
- Verification of the identification criteria control of ownership and probable future benefits (§8-§17),
- Recognition of the future economic benefits deriving from an intangible asset (§18 - §20)
- Recognition and Valuation of Intangible Assets Generated Internally (§ 51-64 and §118)
- Useful life disclosure and depreciation period (§122)
- Recognition and Valuation of Intangible Assets Acquired Separately (§25 - §32)
- Recognition and Measurement of Intang. Assets acquired as part of business combinations (§33-§41)
- Recognition of subsequent expenses relating to the "in progress" R&D project acquired (§42-§43)
- Recognition and Valuation of Intangible Assets Acquired with Government Grants (§44)
- Recognition and Valuation of Intangible Assets acquired through exchange (§45- §50)
- Recognition of the costs of internally generated intangible assets (§65 - §70)
- Determination of residual value of an intangible asset with a finite useful life (§100-§103)
- Review of the period and depreciation method (§104 - §106)
- Restatement of book value - losses due to value reduction (§111 - §124-125)
- Registration of disposal of the intangible asset (§112- §114)

1. STEP IDENTIFICATION
2. STEP REGISTRATION
3. STEP VALORIZATION/RATING
4. STEP EXPERTISE
5. STEP CAPITALIZATION
ACCOUNTING
ENTITIES
Step for the capitalization of intangible assets
6. STEP SECURIZATION
FINANCING ENTITIES
7. STEP TOKENIZATION

1° STEP: IDENTIFICATION
With the real-time analysis of the data entered by Users interpolated with those collected on the
network, the management software of the ASSET POINT Suite platform is able to identify the
related intangible assets, in accordance with the guidelines of the Principles.
Currently, the ASSET POINT Suite platform allows you to easily identify the intangible assets
generated by:
INDIVIDUALS
● Education
● Internships /hobbies/sport
● Professional experiences
● Social relationships
● Research & Development
ORGANIZATION
● Personal network / external collaborators
● Procedures certifications, awards
● Business activities (quotes, contracts)
● Partnerships / Public Relation
● Training
● Research & Development

2° STEP: REGISTRATION
The ASSET POINT Suite platform uses a special register that uses Blockchain technology based
on Distributed Ledger Technology in compliance with EU Regulation No. 910/2014 of 23 July
2014 (so-called eIDAS) which ensures authenticity, integrity, immutability, the readability and
availability of documents, and in particular:
- Identity of the User uploading the Data to their account (Intellectual Property)
- Temporary electronic validation of the date, hour, minutes and seconds of the deposit deed
- Protection with cryptographic key of the deposited data
-Integrity and incorruptibility of the deposited data

3° STEP: VALORIZATION
Upon identification and registration, the management software also estimates its value in real
time in the form of Asset Point Score Indicators, and calculates the relative Asset Point Ranking:
it also records the relative monetary values (Cost, Market and Future Benefits), in relation to the
data entered by the User and by those collected on the network.
The ASSET POINT Suite platform uses a procedure for checking the uploaded data, in order to
improve the estimate of the monetary value of the related intangible assets
All data relating to monetary values are collected and processed with the ISO9001:2015
certified procedure, and are therefore directly usable by the auditors for the preparation of the
related accounting reports.
The ASSET POINT Suite platform complies with the directives of the international accounting
standards (IAS) of November 3, 2008 (updated to EU Regulation 2019/2075 of November 29,
2019).

Management Software - Artificial Intelligence
All the information recorded on the platform is monitored by the innovative management software
which, using predictive algorithms and Artificial Intelligence, is able to estimate the value of the
individual intangible assets by interpolating in real time all the information uploaded by the user with
those acquired from the network (databases , referrals, etc.)
1. EXPERIENCES
2. TRAINING
3. SKILLS
4. RELATIONS
Asset Point
Score Indicators

4° STEP: EXPERTISE CERTIFICATION
The ASSET POINT Suite platform provides in real time all the data and updates necessary for the accounting
expert for the preparation of the Report on the estimate of the book value of the registered intangible assets, in
accordance with the most common international valuation methods indicated by the International Valuation
Stardards Council (IVS 105). For this reason, the software has been programmed to process the input data in
real time and calculate the relative values of intangible assets taking into account the different official
calculation methods:
-Cost Approach
-Market Approach Methods
-Income Approach:
- Excess Earnings Method
- Relief-from-Royalty Method
- Premium Profit Method or With-and-Without Method
- Greenfield Method
In addition, thanks to the real-time monitoring function, the platform provides the elements for monitoring the
economic life of the intangible asset.
Important: the estimated economic values made available in the Intangible Assets Report, even if calculated by the
software in compliance with accounting standards, are not an accounting certification nor can they replace in any way
the estimate reports produced by accredited auditors.

5° STEP: CAPITALIZATION
The platform provides the auditor with all the documentary elements necessary to enhance the
value of registered Intangible Assets in monetary terms: the preparation of the report is also
facilitated by the documentation provided by the ASSET POINT Suite platform, including the
documents uploaded by users duly validated and certified.
The monitoring of Intangible Assets allows you to know the estimated monetary value at any
time, without the need for an accounting report, providing a valid control tool to the
management of the company.
Finally, we remind you that assets can be subject to:
● Increase in company assets (and increase in company capital)
● Valorization of M&A activities
● Issuance of financial guarantees
● Securitized on the market

6° STEP: SECURIZATION
The accounting registration and related capitalization of intangible assets, allows to increase the
company assets, but also to certify the existence of "intangible assets" which, like "tangible"
ones, can for example be sold / exchanged or used as collateral to third parties.
Furthermore, through the financial process of securitization, the intangible assets, by their
nature indivisible and illiquid, are transformed into "divisible assets" and immediately
transferable on the market (liquidity), by specialized financial companies appropriately registered
in the appropriate lists and operating under supervision of the competent financial market
control authorities.

7° STEP: TOKENIZATION
The tokenization process is nothing more than a securitization that uses modern blockchain
technologies to create digital property titles (tokens): thanks to this procedure, the related Asset
Point Score Indicators can be easily transformed into Asset Point Token Security: the value of
each Asset Point Token will be clearly quoted directly from the market of specialized Exchange
platforms.
Tokenization in the form of Asset Point Token Security is facilitated by the certification process
of intangible assets by the ASSET POINT Suite platform which also allows investors to monitor
securitized assets purchased on the secondary market of exchange platforms in detail.
Important: the tokenization of the assets registered on the ASSET POINT Suite will be managed
directly and exclusively by authorized financial companies, under the control of the public
authorities responsible for regulating the financial market.

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