The speaker will introduce the participants detailed overview of HKAS 38 Intangible Assets. It will cover the issues of identifiability of intangible assets, initial recognition and subsequent measurement of intangible assets, accounting for research and development cost, and the disclosure requirement under HKAS 38.
Key topics covered:
- Objective and scope of HKAS 38
- The nature and key characteristics of intangible assets
- The identifiability of intangible assets
- Initial recognition and measurement
- Accounting for Research and Development cost
- Accounting for intangibles acquired as part of a business combination
- Subsequent measurement
- Cost model
- Revaluation model
- Accounting for derecognition
- Disclosure
Trainer profile:
Kamsuo Wong MA, LLM, MBA, FCPA(Aust.)
With three Master’s degrees under his belt, Kamsuo Wong, a candidate for a Doctorate degree of Education, is highly regarded as a multi-faceted academic backed by over fifteen years of extensive professional experience in accounting. He is a professional accountant in Hong Kong, United Kingdom and Australia and the member of Hong Kong Institute of Certified Public Accountants (CPA), Chartered Institute of Public Finance and Accountancy (CPFA), and CPA Australia (FCPA). He is also the Expert Council Advisor of International Financial Management Association. He is currently the Assistant Professor of Centennial College (an independent College established by University of Hong Kong), Adjunct Lecturer at a number of universities and tertiary education institutions.
