Week 2 d 1 | Accounting homework help

 

Week 2 – Discussion Forum 1

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Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

Intangible Assets Discussion Forum [WLOs: 1, 2, 3, 4, 5, 6] [CLOs: 1, 2, 3, 4]

Prior to beginning work on this discussion forum, read Chapters 4 and 5 of the text.

What are the three major types of intangible assets, and how does the accounting for them differ? How are internally generated intangibles handled under IFRS? How does this differ from U.S. GAAP? Which intangible assets are subject to annual impairment testing?

Write: Make sure your response addressing the questions is more than 200 words and that you include an in-text citation or a brief quote from the reading material where appropriate. You may find the Writing Center’s APA: Citing Within Your Paper (Links to an external site.) resource helpful.