Intangible assets (IAS 38)

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Intangible assets (IAS 38) by Mind Map: Intangible assets (IAS 38)

1. Initial recognition and measurement

1.1. Definition and recognition criteria

1.2. Applying the recognition criteria

1.3. Separately acquired intangible assets

1.4. Acquisition as part of a business combination

1.4.1. Acquired in-process research and development project

1.5. Intangible assets acquired by way of a government grant

1.6. Exchanges of intangible assets

1.7. Internally generated goodwill

1.8. Internally generated intangible assets

1.8.1. Research and development

1.8.2. Cost of internally generated intangible asset

1.9. Recognition as an expense

1.9.1. Past expenses not recognised as an asset

2. Presentation and disclosure

2.1. Required disclosures

2.1.1. Financial and narrative information

2.2. Disclosure - all entities

2.2.1. Accounting policy

2.2.2. Reconciliation

2.2.3. Restrictions

2.2.4. Estimates

2.3. Revaluation model applied

2.4. Research and development costs

2.5. Other disclosure

2.5.1. Impairment

2.5.2. Voluntary disclosure

3. Scope and definitions

3.1. Quick overview

3.2. Definitions

3.3. Scope

3.3.1. Intangible assets included in, or on, a physical substance

3.3.2. Advertising, training, start-up costs

3.3.3. Rights held by a lessee

3.3.4. Intangible assets verses an expense

4. Current issues and further resources

4.1. Current issues

4.1.1. Covid-19 considerations

4.1.2. Future amendments

4.1.3. Reporting Framework differences

4.1.4. IFRIC agenda

4.2. Further resources

4.2.1. Reported Disclosures

4.2.2. IFRS disclosure checklist

4.2.3. Model accounts

5. Subsequent accounting

5.1. Subsequent measurement

5.1.1. Cost and revaluation model

5.1.2. Active market and frequency of revaluation

5.1.3. Transferring the revaluation surplus to retained earnings

5.2. Useful life

5.2.1. Contractual or other legal rights

5.3. Finite useful lives

5.3.1. Amortisation

5.4. Indefinite useful lives

5.5. Impairment

5.6. Derecognition and disposals