PPT-IMPAIRMENT OF ASSETS

DEFINITIONS NOT SAME IAS 36 was reissued in March 2004 and applies to goodwill and intangible assets acquired in business combinations for which the agreement date is on or after 31 March 2004 and for all other assets prospectively from the beginning of the first annual period beginning on or after 31 March 2004. NICOLAE BOBIAN, DIANA DUMITRESCU, CARMEN COSTULEANUWEST UNIVERSITY OF TIMISOARA nicubobitan@yahoo.com, dianadumi@gmail.com USAVM IASI ccostuleanu@yahoo.com Abstract: Impairment and revaluation are 5: Accounting for Intangible Assets and Goodwill. Financial . Accounting BFA201. Learning . Objectives. To demonstrate your understanding of:. AASB 138 – Intangible assets . R&D (Research & Development). Presented at . Mainline Association for . Continuing Education at. Great Valley, PA on. March 19, 2015 by. Joel Wagoner, CPA, CMA, CFM. Assistant Professor. DeSales University. ASU 2014-02: Goodwill. PPE and intangible assets: Depreciation, amortization and impairment. Amortization. Impairment. Goodwill impairment. 1. . Amortization of capital assets . Since long-lived assets provide benefits over several years, the cost is allocated (matched) to the periods in which service are received from (revenues . Harmon. University of California, Santa Barbara. Westmont College. INTERMEDIATE ACCOUNTING: IFRS EDITION, 2/E. Chapter 12. PREVIEW OF CHAPTER. Intermediate Accounting. IFRS 2nd . Edition. Kieso, Weygandt, and Warfield. Chapter 12 . Intangibles. © 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.. Where’s the Value?. Mark Fielding-Pritchard. mefielding.com. 1. Impairment . IAS 36. mefielding.com. 2. Current carrying value. Fair value less selling costs (Net . Realisable. Value). Value in Use. Recoverable Amount. 4. : Impairment of Assets. Financial Accounting BFA201. Learning . Objectives. To demonstrate your understanding of the following:. How and when to revalue an item of property, plant and equipment. Upward revaluations to ‘fair value’ and downward revaluations to ‘recoverable amount’. Intermediate Accounting. IFRS 2nd . Edition. Kieso, Weygandt, and Warfield. . 11. Explain the accounting procedures for depletion . of mineral . resources.. Explain . the accounting for revaluations.. Presented by. CA Kusai Goawala. For . WICASA jointly with Pune . Branch of WIRC. 14. h. February. 2016. INTRODUCTION. CA KUSAI GOAWALA. . Globalization . of Indian . Economy. Common Accounting Language. RICHARD G. SCHROEDER . MYRTLE W. CLARK . JACK M. CATHEY. THEORY . AND. ANALYSIS: . TEXT AND CASES. 11. TH. EDITION. CHAPTER 9. LONG TERM ASSETS I: . PROPERTY, PLANT AND EQUIPMENT. Property, Plant, and Equipment. Lecture 5. Intangible . Assets. (R &D, Goodwill, Patent, Brands) . Dr Aziz . Jaafar. Coverage. Intangible assets. Research and Development. Goodwill . Internally Generated. Purchased Goodwill (Goodwill on Consolidation). Resource 2016. Local Government Corporation. Capital Assets. Certified Continuing Professional Education Class. 2. -hour credit. Must remain for the entirety of the class to receive CPE credit. Must sign in and sign out to receive CPE credit. , and . amortization of intangible . assets.. 2. Describe . the accounting for . various types . of intangible . assets.. 3. Explain . the accounting issues for recording goodwill.. LEARNING OBJECTIVES.