Description
Addresses requirements of IAS 38, Intangible Assets.
Designed For
- Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
- Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS
Objectives
- Identify an intangible asset.
- Identify which intangible assets may be recognized on the statement of financial position.
- Distinguish between research and development costs and apply the six criteria for capitalization of development expenditures.
- Determine the appropriate measurement of an intangible asset.
- Recall the rules for subsequent measurement of an intangible asset.
- Recognize the disclosures required by IAS 38.