accaf7財(cái)務(wù)報(bào)告intangibleassets(已修改)
2025-08-30 19:03 本頁(yè)面
【正文】 IAS38 Intangible assets Syllabus C3 not applied to goodwill arising on consolidation Definition ? Intangible asset – an identifiable nonmoary asset without physical substance. F7 2 Initial recognition ? Recognised as an intangible asset if , and only if: – it is probable that future economic benefits attributable to the asset will flow to the entity, and – the cost of the asset can be measured reliably. ? Never recognise internallygenerated goodwill, brand, mastheads, publishing titles and customer lists. – Unidentifiable – The cost cannot be measured reliably. F7 3 Continued ? Externally acquired (Purchased) intangibles should be measured at cost , which could be in cash or the fair value of considerations given in exchange. ? Fair value of an intangible asset acquired in a business bination – price in an active markets – price which would be paid in an arm’s length transaction – if not measured reliably, included in goodwill. F7 4 Example1, p234 Subsequent measurement ? Cost model – cost less accumulated amortisation and impairment losses. ? Revaluation model – a carrying value of fair value less subsequent accumulated amortisation and impairment losses. F7 5 Continued ? Requirement for revaluation – existence of an active market – sufficient regularity of revaluation – all other assets in a group which a revalued asset belongs to should be revalued, unless no active market exists for some assets. ? Revaluation model cannot be allowed for – Expenditures previously not recognised as an asset – Assets initially recognised at amount other than cost F7 6 Its features Amortisation ? The entity must assess whether the useful life of an intangible asset is finite or indefinite. ? Review the useful life each period to determine whether change in accounting estimation exists. ? An intangible asset with a finite useful life must be amortised over that life, normally using the straightline method with a zero residual value. ? An intangible with indefinite useful life should not be amortised. F7 7 Impairment ? An impairment review will be required – when an indication of impairment exists – annually for an intangible asset with an indefinite useful life or not yet available for use – annually for goodwill arising on consolidation F7 8 Goodwill It exists because of any bination of the following factors: Reputation for quality or service Technical expertise Possession of favorable contracts Good management and staff Good location Et
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