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IFRS - Application of IAS 38 -- Technical Feasibility   

1

Total CPE
Tuition
$125.00
Approximate Length
01:30:00
Course Number
17-WB-604
1

Total CPE
Tuition
$125.00
Approximate Length
01:30:00
Course Number
17-WB-604

Course Details

This course demonstrates how the criteria for capitalization of development costs are applied in different industries, through the use of case studies using examples from three different industries. The course also shows the distinction between the research phase and the developments phase, and explains which types of costs should be capitalized. The course covers application guidance for concepts covered under IFRS - Tangible and Intangible Assets - Part I Recognition and Measurement Principles -- IAS 16 and IAS 38, which is a suggested prerequisite for this course.

By the end of this course, participants should be able to:

  • apply the requirements of IAS 38 for capitalization of certain development costs to different kinds of development projects in different industries
  • identify the types of costs that are included in the carrying amount of intangible assets
  • identify the differences between U.S. GAAP and IFRS with respect to the recognition and measurement of internally-generated intangible assets.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: IFRS, IAS 38, Development Costs, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.


Level of Knowledge: Intermediate
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study
This course demonstrates how the criteria for capitalization of development costs are applied in different industries, through the use of case studies using examples from three different industries. The course also shows the distinction between the research phase and the developments phase, and explains which types of costs should be capitalized. The course covers application guidance for concepts covered under IFRS - Tangible and Intangible Assets - Part I Recognition and Measurement Principles -- IAS 16 and IAS 38, which is a suggested prerequisite for this course.

By the end of this course, participants should be able to:

  • apply the requirements of IAS 38 for capitalization of certain development costs to different kinds of development projects in different industries
  • identify the types of costs that are included in the carrying amount of intangible assets
  • identify the differences between U.S. GAAP and IFRS with respect to the recognition and measurement of internally-generated intangible assets.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: IFRS, IAS 38, Development Costs, Accounting

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.


Level of Knowledge: Intermediate
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study
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