TAILIEUCHUNG - Lecture IFRS primer international GAAP basics: Chapter 15 - Wiecek, Young

Chapter 15 - Intangible assets: IAS 38. The main contents of the chapter consist of mains parts: Related standards, IAS 38, current GAAP comparisons, IFRS financial statement disclosures, looking ahead, end-of-chapter practice. | Lecture IFRS primer international GAAP basics Chapter 15 - Wiecek Young Intangible Assets IAS 38 Wiecek and Young IFRS Primer Chapter 15 Intangible Assets Related standards IAS 38 Current GAAP comparisons IFRS financial statement disclosures Looking ahead End-of-chapter practice 2 Related Standards FAS 142 Goodwill and other intangible assets FAS 141 Business combinations FAS 86 Accounting for the costs of computer software to be sold leased or otherwise marketed 3 Related Standards IFRS 3 Business combinations IAS 36 Impairment of assets IAS 17 Leases IFRS 4 Insurance contracts IFRS 5 Non-current assets held for sale and discontinued operations IFRS 6 Exploration for and evaluation of mineral resources 4 IAS 38 - Overview Objective and scope Recognition and measurement Acquired intangible assets Internally generated intangibles Measurement after recognition Retirements and disposals Disclosures 5 IAS 38 Objective and Scope Intangible asset an identifiable non-monetary asset without physical substance Conditions 1. Must be identifiable 2. Will provide future economic benefits 3. Benefits are controlled by the entity 6 IAS 38 Recognition and Measurement Recognized as an intangible asset when 1. It is likely that the expected future economic benefits will be realized and 2. The cost of the asset can be reliably measured Measured initially at cost 7 IAS 38 Acquired Intangible Assets 8 IAS 38 Acquired Intangible Assets Acquired separately Cost includes purchase price duties non- refundable taxes net of discounts and rebates direct costs of preparing the asset and bringing it to an appropriate condition for its intended use. Examples franchises patents customer lists trademarks 9 IAS 38 Acquired Intangible Assets Not included in cost Advertising promotion training associated with new products locations customers administrative and other general overhead early stage operating losses 10 IAS 38 Acquired Intangible Assets Intangibles acquired in an asset exchange Cost .

• Kế toán - Kiểm toán
• International Financial Reporting Standards
• Non financial assets
• Reporting basics
• Financial assets
• Reporting entity
• Intangible assets
• Financial accounting
• Financial reporting
• Financial reporting standards
• Merchandising operations
• Internal control
• Financial statements
• Stockholders’ equity
• Financial statement analysis
• International financial reporting
• Conceptual framework
• Financial position
• Globalization trend
• International Accounting Standards Board
• Employee benefits
• Revenue recognition
• Including construction contracts
• government grants
• Foreign currency
• Accounting standards worldwide
• Wiley IFRS 2013
• International Financial Reporting Standard
• Tiêu chuẩn báo cáo tài chính quốc tế
• Accounting policies
• Financial liabilities
• Interim financial reports
• Interim financial reporting
• Summary of dissertation
• International financial reporting standards adoption
• Vietnamese enterprises
• IFRS standards in Vietnamese enterprises
• Application of IFRS standards
• Accounting standards
• Financial statement
• Stock exchange
• Joint stock companies
• Vietnam’s accounting standards
• Financial reporting under IFRS
• International trends
• Financial instruments
• Share based payments
• Standards applicable
• IFRS financial statement
• Separate financial statements