HKAS 38 - Intangible assets - Workshop 2018

This workshop will introduce the participants detailed overview of HKAS 38 Intangible Assets.

This workshop will also 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:

Intangible Assets (HKAS 38)

  • 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.

Learning objectives

  • Understand the key characteristics of an intangible asset
  • Know recognition and initial measurement
  • Understand measurement subsequent to initial recognition
    - Cost model
    - Revaluation model
  • Gain knowledge in retirement and disposal of intangible assets
  • Understand disclosure requirements of HKAS 38
  • Understand proposals for changes in accounting for intangible assets
  • Apply innovative measures for improving the reporting of intangible assets


This workshop is suitable for accountants, finance professionals and anyone who wants to gain knowledge in HKAS 38.

3 hours