Page 5 - PowerPoint Presentation
P. 5
INTANGIBLE ASSETS
Outcomes
• Identify the purpose and scope of the IAS 38 Intangible
Assets.
• Apply the definitions.
• Identify intangible assets.
• Apply the criteria to recognise and initially measure
different types of intangible assets. Differentiate
between intangible assets acquired separately, acquired
as part of a business combination, by way of a
government grant or exchanged. In addition you should
be able to account for goodwill generated internally or
other internally generated intangible assets.
• Recognise expenses incurred either as an expense or as
part of the cost of intangible assets.
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