【正文】 gible asset so that it will be available for use or sale；（b）its intention to plete the intangible asset and use or sell it；（c）its ability to use or sell the intangible asset；（d）how the intangible asset will generate probable future economic other things, the enterprise should demonstrate the existence of a market for the output of the intangible asset or the intangible asset itself or, if it is to be used internally, the usefulness of the intangible asset；（e）the availability of adequate technical, financial and other resources to plete the development and to use or sell the intangible asset；（f）its ability to measure the expenditure attributable to the intangible asset during its development 、案例分析EXAMPLE 2Ambush, a public limited pany, is assessing the impact of implementing the revised IAS39 ‘Financial Instruments: Recognition and Measurement’.The directors realise that significant changes may occur in their accounting treatment of financial instruments and they understand that on initial recognition any financial asset or liability can be designated as one to be measured at fair value through profit or loss（the fair value option）.However, there are certain issues that they wish to have explained and these are set out :（a）Outline in a report to the directors of Ambush the following information:（i）how financial assets and liabilities are measured and classified, briefly setting out the accounting method used for each category.（Hedging relationship can be ignored.）（10 marks）[答疑編號31010301：針對該題提問]The following report sets out the principal aspects of lAS 39 in the designated areas.（i）Classification of financial instruments and their measurementFinancial assets and liabilities are initially measured at fair value which will normally be the fair value of the consideration given or costs are included in the initial carrying value of the instrument unless it is carried at ‘fair value through profit or loss’ When these costs are recognized in the ine assets should be classified into four categories:（i）financial assets at fair value through profit or loss（ⅱ）loans and receivables（ⅲ）heldtomaturity investments（HTM）（ⅳ）availableforsale financial assets（AFS）The first category above has two sub categories which are ‘held for trading’ and those designated to this category at inception/initial latter designation is liabilities have two categories: those at fair value through profit of loss, and ‘other’ with financial assets those liabilities designated as at fair value through profit or loss have two sub categories which are the same as those for financial between categories are unmon and restricted under IAS 39 and are prohibited into and out of the fair value through profit or loss between AFS and HTM are possible but it is not possible from loans and receivables to held to maturity category is limited in its application as if the pany sells or reclassifies more than an immaterial amount of the portfolio, it is barred from using the category for at least two all remaining HTM investments would be reclassified to measurement of financial assets and liabilities depends on the following table summarizes the position:Financial Assets MeasurementFinancial assets at fair value through profit or loss fair valueLoans and receivables amortised costHeld to maturity investments amortised costAvailableforsale financial assets fair valueFinancial liabilities at fair value through profit or loss fair valueOther financial liabilities amortised costAmortised cost is the cost of an asset or liability adjusted to achieve a constant effective interest rate over the life of the asset of is not possible to pute amortised cost for instruments that do not have fixed or determinable payments, such as for equity instruments, and such instruments therefore cannot be classified into these pany must apply the effective interest rate method in the measurement of amortised effective interest rate method determines how much interest ine or interest expense should be reported in profit and financial assets at fair value through profit or loss and financial liabilities at fair value through profit or loss, all changes in fair value are recognized in profit or loss when they includes unrealized holding gains and availableforsale financial assets, unrealized holding gains and losses are deferred in reserves until they are realized and losses are recognized in profit or in unquoted equity instruments that cannot be reliably measured at fair value are subsequently measured at holding gains/losses are not normally recognized in profit/：、簡答題、翻譯：在案例給定的框架和范圍內(nèi)EXAMPLE 1Trident, a public limited pany, operates in the financial services sector and is planning to prepare its first financial statements under international Financial Reporting Standards（IFRSs）as at 31 December Generally Accepted Accounting Practices（GAAP）used by Trident are very similar to IFRS but there are some differences which are set out Group is currently preparing its local GAAP financial statements for the year ending 31 December pany has two foreign subsidiaries, Spar and Mask, both public limited is 80% owned by Trident and prepared its first IFRS financial statement at 31 December 2003 in order to ply with local acquired a 70% holding in Mask in was consolidated from that date using purchase accounting practices that are similar but not the same as those used by the local rules relating to the financial statements of Mask as regards, for example, the concept of substance over form are totally different to has adopted the international accounting standards relating to financial instruments in its own financial statements for the year ended 31 December 2003 because these standards had been incorporated into the local policy is to amortise goodwill but some goodwill had been totally written off against retained earnings on the acquisition of certain the disposal or closure of t