Assignment First

英国巴斯大学论文代写:无形资产会计

未来的经济效益:对资产进行分类为无形资产,应当有未来的经济效益,可以由资产产生。这些未来的利益可以在收入增加或成本节约的形式,它的结果。可以有其他好处,可以产生的资产,如效率。这些好处也可以被视为资产被限定为无形资产。
上述讨论提供完整详细的对资产可作为无形资产按AASB 138。在给定的情况下,所发生的各种费用的图片有限公司。这些费用将测试被限定这些资产为无形资产,从而利用成本。与直接邮寄给潜在客户,这是420万美元的成本。这是摊销单线的基础上,在三年的时间。另一方面,AASB 138提到,应该有权在客户为了确认有在客户控制。公司有这样的法律权利,在案件中没有提及。鉴于此,可以说,费用的摊销不能做,因为这些费用不能被列为无形资产。
在案例中讨论的第二个实例是,图片有限公司已经从它的竞争对手的一个客户列表中购买了一个列表。支付800000美元被确认为非流动的无形资产,认为该名单将产生两年以上的销售。然而,购买的客户名单确实提供了公司的数据库和客户将保持相关的两年的可能性,但该公司没有任何法律权利或控制客户。因此,它不能说,客户将被保留。在这样的条件要求不符合要求。
考虑到这两种情况,可以说,照片有限公司没有正确考虑已发生的费用,并把这些费用作为无形资产。这些费用应在损益表中考虑。

英国巴斯大学论文代写:无形资产会计

Future Economic Benefit: for assets to be classified as intangible asset there should be future economic benefits that can be generated by the assets. These future benefits can be in the form of revenue increase or the cost savings that it results in. There can be other benefits that can be generated by the assets such as efficiency. These benefits can also be considered for the assets to be qualifying as the intangible asset.

The above discussion provides the complete detail on how the asset can be identified as intangible assets as per AASB 138. The various expenses incurred by Pics Ltd have been mentioned in the given case. These expenses will be tested for being qualifying of these assets as intangible assets and thus capitalizing the cost. The cost associated with the direct mailing to prospective customers which is $4.2 million. This is amortized on single line basis over the three year period.  On the other hand AASB 138 mentions that there should be legal right over customers in order to confirm that there is control over the customers. The company is having such legal rights is not mentioned in the case. In view of this it can be said that the amortization of the expenses cannot be done as these expenses cannot be classified as intangible assets.

The second instance that has been discussed in the case is that Pics Ltd has purchased a list of customers from one of its competitors. The payment of $800,000 was recognised as non-current intangible asset arguing that the list will generate sales for two more years. However the purchase of the customer list does provide the company a database and the probability that the customer will remain associated for two years but the company is not having any legal right or control over the customers. Hence it cannot be said that the customers will be retained. In such a condition the AASB requirements are not fulfilled.

Considering the two scenarios, it can be said that the Pics Ltd has not correctly considered the expenses that have been incurred and putting these expenses as intangible assets. These expenses should be considered in the profit and loss account.