Essay On Measurement Of Intangible Assets

Acct 5531 – Individual Research Assignment on Intangible Assets ACCT5531 Financial Accounting Theory and PracticeIndividual Research Assignment on Intangible AssetsContentPart 1 Information about Intangible assets……………………………………………….3Introduction…………………………………………………………………………………..3Current reporting requirements for recognition and measurement of intangible assets……………………………………..3Definitions……………………………………………………………………………………3Characteristic………………………………………………………………………………..4Recognition…………………………………………………………………………………..5Review the arguments for and againstthe current reporting requirements about intangible assets…………………………….6Support………………………………………………………………………………………..6Against………………………………………………………………………………………7Perspective and suggestion on the current accounting treatment of intangible assets…………………………………………………9Part.