a US company was acquired by an international company and ASU has a transition date of January 1st 2021 for the first time adoption of IFRS Jesse has a new cookie brand that is ready to be marketed but the company has not yet received copyright approval for the Brand's logo all cost for development of the copyright word conspire to IFRS January 1st 2021 ASU and is international parent both have December 31 year-end accounting years what should ASU do to prepare financial statements for the first time in accordance with IFRS