accaf7财务报告intangibleassets(编辑修改稿)

accaf7财务报告intangibleassets(编辑修改稿)内容摘要：

t – Expenditure can be measured reliably. F7 18 Continued • Development costs once treated as an expense can not reinstated as an asset. • Development costs should be amortised over its useful life as soon as mercial production begins. F7 19 Example 3, p239 3biii, Jun02 Example 4, p240 Disclosure • For each class of intangible assets, distinguishing between internallygenerated intangible assets and other intangible assets – Whether the useful life is finite or indefinite – The useful life or amortisation rate used – The amortisation method F7 20 Example 5, p240 5b Dec04 Exercises •5a , Dec01 – about changes in accounting policy (syllabusA2) •3, Jun04: allinclusive question •4b(i, ii) Dec09 F7 21 IAS36 Impairment of assets Syllabus C8 Objective • To ensure that the assets of the enterprise are carried at no more than their recoverable amount. • It applies to – PPE (IAS16) – Investment Property measured at cost (IAS40) – Intangible assets (IAS38) – Goodwill (IFRS3) – Investment in subsidiaries, associates and joint ventures (IAS27, 28, 31) – p246 F7 23 Definition • Impairment – a reduction in the recoverable amount of an asset below its carrying amount • Recoverable amount – the higher of fair value less costs to sell ( realizable value) or value in use Which decision is better, sell it or use it? • Fair value less costs to sell ( realizable value) – A binding sale agreement – the amount at which an asset could be disposed of, less any direct selling costs. F7 24 Continued • Value in use – the present value of the future cash flows obtainable as a result of an asset’s continued use, including those resulting from its ultimate disposal. – calculated for individual assets if possible, otherwise for the smallest group of assets that provides largely independent ine streams(CGU). – using the pretax discount rate reflecting market rates and the risk specific to the asset. F7 25 Example 1, p248 Application 1st step • An enterprise should assess at each reporting date whether there is any indication that an asset may be impaired. – External sources of information •The asset’s market value has declined more than expected. • Changes in the technological, market, economic or legal environment have had an adverse effect on the entity. • Interest rates have changed, thus increasing the discount rate used in calculating the asset’s value in use. F7 26 Continued – Internal sources of information • There is evidence of obsolescen。