HKAS38 - Intangible assets - Workshop 2017

This workshop aims to give you insights on the overview of HKAS 38 Intangible Assets. It will be based on the current financial reporting standards applicable in Hong Kong and will focus on the practical application to this standard.

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.) CPA(HK) CPFA (UK)

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.

Learning objectives

  • Understand the key characteristics of an intangible asset
  • Recognition and initial measurement
  • Measurement subsequent to initial recognition
  • Cost model
  • Revaluation model
  • Retirement and disposal of intangible assets
  • Disclosure requirements of HKAS 38
  • Proposals for changes in accounting for intangible assets
  • Innovative measures for improving the reporting of intangible assets


This workshop is suitable for accountants and finance professionals to gain knowledge of HKAS38. Those who are interested in this topic are welcome to attend.

3 hours