a Nathanael Heraly 11 hónapja
154
Még több ilyen
Type in the name of your subject.
Add detailed notes about each lecture, so that when the time comes to prepare for exams, you will have an easier and quicker overview.
Add a short description of your homework and any details you need in order to understand and complete the task.
Add a list of questions to help you recap your lecture.
Add here all the details about your projects.
Commitment by a third party to purchase or active market and
− It is probable that such a market will exist at the end of the useful life
- Residual value can be determined by reference to that market
Factors to be considered when determining the useful life
Add the team members.
Change in accounting estimate accounted for prospectively
Add a short project description.
Allocation of the depreciable amount (= cost – residual value) on a systematic basis over the useful life
Add the project name.
No amortisation, but annual test of impairment according to IAS 36 (Impairment of Assets)
Schedule your course ahead. Knowing all the information will make everything easier.
Add the class information for each week.
Add key information about the books you've read. If you feel it's necessary, you can add a small summary of your readings in the Notes section.
Intention not to use has no impact on initial fair value
Add summary of the content of a book
Review your resource requirements and tick off the devices you will need as well as their availability. Add others, if necessary.
Expense to P&L
Development expenses
Capitalisation of development costs if, and only if −All these criteria are met : − technical feasibility − intention to complete − ability to use or sell the asset − probability of future economic benefits − availability of resources (technical, financial) − expenditure can be reliably measured
Research expenses
Examples of research activities : • Gaining new knowledge • Search for applications of research findings • Search for alternatives to materials, products, processes, etc. • Formulation, design, evaluation and selection of possible alternatives for new or improved materials, products, processes, etc.
All expenditure on research should be expensed when incurred
None of intangible asset arising form research (or research phase) should be recognised
Not recognised as an asset (expense to P&L)
At fair value based on − Quoted market prices (active market) − If no active market, use techniques to estimate fair value • multiples/profitability • discounted future cash flows...
Reliable measurement => always considered to be satisfied
Measurement
Expenditures that are not part of the cost of an intangible asset
− Costs of introducing a new product or service (incl. advertising and promotional activities) − Costs of conducting business in a new location or with a new class of customers (including costs of staff training) and administration and other general overhead costs
Cost components when purchased
− Purchase price, import duties and purchase taxes, directly attributable expenditure of preparing the asset for its use and less trade discounts & rebates
At cost
Recognition
Reliable measurement => usually satisfied (particularly when payment is in monetary assets)
Probability criterion => always satisfied
Select as needed:
Type in all the info you would like to know about this subject. If there is something you don't know yet, no problem! You can fill in the blanks along the way.
Did your teacher present the objectives of this course? Write them down and add anything else that might help you reach these objectives.
Add details about your teachers' evaluation criteria. This way you will know the aspects you need to focus on.
