IAS 38

A company have a computer software (internally generated) which results in buying the programmes to users The main customer of this programmes has bankrupt so the software will not be sold ,Is Impairment should be ? and also  a few programmes may be sold So what's the right Treatment For this according to IFRS?

By |February 14th, 2010|IAS 38|4 Comments

Intangible Assets – IAS 38

Dear Group member Please advice, the rent which is paid for the advertiment, like display of bill boards etc., can we take it into intangible assets. Is advertisment cost of our product an intangible assets Best Regards Suraj

By |April 21st, 2009|IAS 38|5 Comments

Unallocated revenue expenses

Dear expert After my joining i obseved that substetial amount remin unadjusted as unallocated revenue expenditure. how could i adjust the unallocated expenses with my accounts . if there is any relation with IAS 38 intangible assets. please give the suggetion with example and related IFRS Thanks

By |February 23rd, 2009|IAS 38|3 Comments

Date of comercial production

Dear all, can anyone please guide me if there are any guidelines as to establish date of commercial production in a manufacturing concern in IFRS. thanks and regards deepak Hi Deepak, I assume you are inferring to either intangible assets. There is n...

By |December 14th, 2008|IAS 16, IAS 38, IFRS, TAX|0 Comments

Just one question

Please let me know about cost of create new web sit will it be general expenses or intangible assets  So, which treatment prefered to be confirmed to international accounting standard   thank you   Mahmoud Gbr Auditor General expense: if there is no link to future cash inflow through this   Intangible asset: if satisfy the conditions [...]

By |December 14th, 2008|IAS 38|0 Comments

IAS 16/40 on date of transition

On the date of transition, a company could choose, as it´s deemed cost, historical cost if the previous gaap is not significantly different than IFRS or fair value for PPE, Intangibles and Investment property. I am not sure if I have it clear but under IAS 16, one can choose the deemed cost on a per-item [...]

By |August 28th, 2008|IFRS|0 Comments

Deferred Taxes

Hello All   I am working on PPA Valuations for IFRS 3. I have following two queries:   I want to understand the treatment of Deferred Taxes i.e. how are they calculated and accounted for, and whether deferred tax liability needs to be reduced from Purchase Price while calculating Goodwill. How is tax amortization benefit [...]

By |August 28th, 2008|IFRS|0 Comments

Software capitalization

Hello, Does anyone know where the best place to find information on capitalizing internal software development under IFRS?  Any links?  Which IAS/IFRS standard is this covered under? Thanks in advance for the help! You raise an interest topic David,  I would like to see the view of others In the meantime page 56 of the [...]

By |August 28th, 2008|IFRS|0 Comments


Hi...   Anyone can help me about intangible assets?   Documents, e-books, ...   thank's and enjoy the weekend!   Daniel You need to be a little more specific on your question.  -Sonny Hi Daniela, and www.wykipedia would give you details and examples.   e.i. bons, shares,   U CAN VISIT

By |August 27th, 2008|IFRS|0 Comments