International Accounting Standards in 01 January 2005 is AASB 138 Intangible Assets which is the Australian standard relating to the International Accounting Standard‚ IAS 38 Intangible Assets. AASB 138 Intangible Assets is a standard that has been debated since its adoption in 2005‚ due to the negative effect it has had on the profitability of organisations that are affected by the standard. This paper will explore AASB 138 Intangible Assets in an attempt to establish the issues that arose prior to
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In the first chapter of The Things They Carried‚ “The Thing They Carried”‚ Tim O’Brien uses the motif of intangible weights the men carry and how they have the strength to alter one’s performance and emotional state at war. The intangible weight of Martha’s love is like a barbell Jimmy Cross can never seem to let go of. Continuously carrying extra weight‚ Cross expresses how he "love[d] Martha more than his men" (6)‚ which results in the death of one of his men soldiers Ted Lavender. Cross’s love
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6/17/2013 What Is a Product? Products‚ Services‚ and Experiences Product is anything that can be offered in a market for attention‚ acquisition‚ use‚ or consumption that might satisfy a need or want Service is any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything. Experiences represent what buying the product or service will do for the customer Chapter 8 - slide 1 Copyright © 2010 Pearson Education‚ Inc. Publishing
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Australian Requirement for Business Combinations Abstract: The issue of accounting for Business Combinations‚ according to Australian standards‚ has been a cause of considerable concerns and controversies for both‚ accountants and academics. However‚ due to the enormity of transactions involved in it‚ it becomes highly important to understand its application. In this research‚ we will outline various concepts and definitions to business combinations and address some important issues such
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order for a trust to succeed and this approach is commonly referred to as ‘the orthodox approach’. The principle that property must be separately identified before it can be held on a valid trust has been affirmed many times and no more conclusively then in the case Re Goldcorp Exchange Ltd. Goldcorp Exchange Ltd was a bullion exchange company that went into insolvency. At the time of the company’s decline many purchasers of gold bullion had paid but had not taken delivery of the goods and thus were
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Abstract This research basically pertains to find out the relationship between the brand equity and the sales of the product. The questionnaire was constructed and the pilot study using 15 respondents from ICBS was carried out to ensure that there were no confusions or ambiguities in the questionnaire. All ambiguities or confusions found were removed before administering the final questionnaire. The questionnaires were divided into two parts. On first of June the questionnaires were administered
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ob 1. How can equity theory explain the motivation of employees working at Xandria? In case study‚ Xandria Pharmaceuticals is a Chinese researcher and manufacturer of pharmaceutical products in HK. Their goal is to produce the highest quality products with the minimum negative impact on the environment‚ which is an inspiration to their 150 employees. While some mission statements are meaningless general statements‚ Xandria’s “green” philosophy guides all decisions. In following‚ this
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MKT09909 Brand Management Topic 1 Introducing Brands and Brand Management What is a Brand? Definition: For the American Marketing Association (AMA‚ 2014)‚ a brand is a: “name‚ term‚ sign‚ symbol‚ or design‚ or a combination of them‚ intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of competition.” These different components of a brand that identify and differentiate it are brand elements. In creating a brand‚ many choices available
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The word ‘equity’ can be seen to have a wide range of meanings- to many it is a synonym for ‘fairness’ or justice’. Those within the legal community recognise equity as the body of rules developed and applied by the Court of Chancery; a court previously presided over by the Lord Chancellor with rules developed under his authority. The law of equity developed due to the inflexibility of the common law. Before the development of equity‚ The law was rigid (which was often cited as a weakness) for example
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measurement of intangibles generally and of brands in particular. Intangible assets are getting more and more important to companies or businesses. The reason for this is that the economy has changed from being industrial to knowledge-based. It is no longer the industrial value chain that creates value; it is innovation and constantly seeking new ways of meeting market demands. Companies can no longer differentiate themselves or create competitive advantages without intangible assets. Brands can be defined
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