ACCT6001期中测试复习：无形资产确认与会计处理.pdfVIP

ACCT6001Mid-semestertestreview

1.AASB138:IntangibleAssetsrequiresthatresearchcostsbereportedasanexpensewhen

incurredwhereasdevelopmentcostsmaybereportedasanassetwhenparticularconditions

aremet.

1)Brieflyexintheargumentusedtodefendthedifferenceinrequirementween

researchcostsandthedevelopmentcosts.

2)Intangibleassetspecifiessixconditionsthatmustbemetbeforedevelopmentcostsmaybe

reportedasanasset.Describefouroftheseconditions.

2.Intangibleassetreferstothreefactorsnecessaryfortheexistenceofanintangibleasset.

1)Listthreefactors

a.Identifiability

b.Control

c.Existenceoffutureeconomicbenefits

2)Describewhetherornotthisisconsistentwiththeframeworkdefinitionandrecognition

criteria.

Suggestion:

a.Anintroductionatthebeginning,oneortwosentences

b.Establishwhattheframeworksays

c.WhatiscommonweenFrameworkandAASBstandard

d.Whatisdifferentweenthem

e.Conclusion

3.Beforeconsideringtheitemsbelow,theaccountingprofitandtaxableincomeofBeaumont

Ltdforthefinancialyearendingat30June2010is$400,000

-On25thJune2010,BLtdincurreddevelopmentcostsof$100,000thatitrecognizedasanasset

(inaccordancewithAASB138intangibleasset).Foraccountingpurposesthiswillbeamortized

over5years.Fortaxpurposes125%oftheresearchanddevelopmentexpenditureisallowable

asadeductioninthefinancialyeartheexpenditureisincurred.

-BLtdhasacquiredpropertyntandequipmenton1July2007atacostof$800,000.For

accountingpurpose,depreciationis20%peryearstraightlinewithnoresidualvalue.Fortax

purposes,depreciationi