The following information appeared in the notes to the financial statements as reported in the 2019 Annual Report of Qantas Airways. You are required to explain the nature of each of these intangible assets and to evaluate whether the accounting treatment appears to be in compliance with accounting standards.

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(K) INTANGIBLE ASSETS i. Recognition and Measurement Goodwill Airport landing slots Software Brand names and trademarks Customer contracts/relationships Contract intangible assets Goodwill is stated at cost less any accumulated impairment losses. With respect to investments accounted for under the equity method, the carrying amount of goodwill is included in the carrying amount of the investment. Airport landing slots are stated at cost less any accumulated impairment losses. Software lis stated at cost less accumulated amortisation and impairment losses. Software development expenditure, including the cost of materials, direct labour and other direct costs, is only recognised as an asset when the Qantas Group controls future economic benefits as a result of the costs incurred and it is probable that those future economic benefits will eventuate and the costs can be measured reliably. Brand names and trademarks are carried at cost less any accumulated impairment losses. Customer contracts/relationships are carried at their fair value at the date of acquisition less accumulated amortisation and impairment losses. Contract intangible assets are stated at cost less accumulated amortisation. Amortisation commences when the asset is ready for use.