Question
Ch 6 Intangible Assets - IAS38 This assignment is related to chapter six. Once you select the company of choice and have downloaded its
Ch 6 Intangible Assets - IAS38 This assignment is related to chapter six. Once you select the company of choice and have downloaded its annual report, prepare a report containing: Instructions: do the 2 points for adidas company Disclosures relating to intangible assets - IAS38 I The disclosures requirement for each class of intangible assets of IAS38 are very extensive, for each item below, write a brief description (only few lines) about: c. Distinguishing between internally generated intangible assets and other intangible assets. d. Whether the useful lives are indefinite or finite and, if finite, the useful lives or amortisation rates used and the amortisation methods used. e. Explain the accounting treatment required by IAS38 in relation to research and development expenditures. (Write a brief description whether if there is any research and development expenditures and how should this expenditure be accounted for in the company's financial statements?
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