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5. The information provided in financial statements concerning intangible assets is not useful Required: Discuss the above statement, referring to relevant literature where appropriate. Your

image text in transcribed 5. "The information provided in financial statements concerning intangible assets is not useful" Required: Discuss the above statement, referring to relevant literature where appropriate. Your discussion should include details of the current reporting requirements for intangibles under IFRS [Total: 25 Marks] Question 6. "Recent changes in lease accounting with damage businesses who lease assets." Required: Discuss the above statement, referring to relevant literature where appropriate. [Total: 25 Marks]

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