Learning outcomes

What will you learn?

The definition, recognition, and measurement principles for intangible assets under IAS 38.

How to distinguish between research and development phases and apply recognition criteria.

The use of cost and revaluation models, amortization methods, and impairment testing.

Disclosure requirements and practical examples for intangible assets such as software, licenses, trademarks, and patents.

Real-world scenarios to understand how intangible assets impact financial reporting and decision-making.

Course content

Participants

Who is this course designed for?

Accountants and finance professionals seeking to deepen their understanding of IFRS standards.

Auditors analyzing financial statements for compliance with international standards.

CFOs and financial controllers managing financial reporting in multinational companies.

Consultants and advisors assisting clients with IFRS implementation and reporting.

Pre-requisites

Necessary Qualifications

Background in accounting, finance, or business administration.

Basic knowledge of financial statements and accounting principles.

Experience in financial reporting or auditing is recommended.

Familiarity with national accounting standards is helpful but not mandatory.

Course Content

What will you study?

Objective and scope of IAS 38.

Identifiability, control, and future economic benefits.

Recognition and initial measurement of separately acquired and internally generated intangible assets.

Research and development phases and recognition criteria.

Cost model vs. revaluation model for subsequent measurement.

Amortization methods, useful life assessment, and residual value.

Impairment testing, derecognition, and disclosures.

Practical examples of intangible assets in financial reporting.