Accounting Treatment of Intangible Asset Draft Pace University ACC692 Summer I By Yigal Rechtman July 30‚ 2001 Introduction What is the problem? Accounting for intangibles has gained prominence in the past few decades due to changes in the way the business world operates. The technological revolution and in particular‚ the information age‚ has brought intangible resources to the fore of the business environment. Businesses ( even the most traditional production manufacturers ( are
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Compiled AASB Standard AASB 138 Intangible Assets This compiled Standard applies to annual reporting periods beginning on or after 1 July 2009. Early application is permitted. It incorporates relevant amendments made up to and including 25 June 2009. Prepared on 30 October 2009 by the staff of the Australian Accounting Standards Board. AASB 138-compiled 2 COPYRIGHT Obtaining Copies of Accounting Standards Compiled versions of Standards‚ original Standards and amending Standards (see Compilation
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Analyzing the 10 year Stock Performance of P&G and PepsiCo This report will examine the stock performance of PepsiCo and P&G over the past ten years and the factors that lead to this performance. Preliminary Conclusions and Recommendations Proctor & Gamble continue a lagging trend approach to continued long term success. This company holds on to one of the most diversified portfolios in their industry. They boast a product line that exceeds 250 different items. This company that has survived
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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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Solution-Focused Therapy Solution–focused therapy (SFT)‚ unlike other forms of therapy argues that a person doesn’t have to understand any problem in order to resolve the problem and that the solution isn’t necessarily related to the problem. The purpose of this paper is to give a brief overview‚ description and rationale of Solution-focused therapy as well as an explanation of the therapeutic processes involved in SFT. This paper will also demonstrate through case example; systemic case conceptualization/hypotheses
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Running Head: SFBT Incorporating the Solution Focused Brief Therapy Model with Teen Substance Abusers in Counseling Abstract This paper serves as a tool for discussion and is divided into four parts: to begin with‚ a brief description of the Solution-Focused Brief Therapy approach is provided. Then provided is a description of the history and development of this therapeutic approach including common developmental and environmental factors. Next an overview of the prevalence of teen
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ADVANCED FINANCIAL ACCOUNTING 260 INTANGIBLE ASSETS QUIZ QUESTIONS 1. List two assets which would not meet the ‘identifiable’ aspect of the definition of an intangible asset. (2 Marks) Goodwill Customer loyalty 2. Intangible assets acquired via a separate acquisition are always recognised. Why? (2 Marks) The price an entity pays to acquire an intangible asset will reflect expectations about future economic benefits of the will flow to the company. This meets the probability test to identify
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marketing systems such as collecting valuable customer data‚ product customization‚ personalized service‚ and getting the customer involved interactively. 2. Discuss the logic of multiple Web sites for one company. In the large company such as P&G need the multiple Web sites because the company has various kinds of products they need to be more specific to the customer of each product. In my view‚ one company which provides more than one product to the customer should create web sites for each
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Article Review on “How P&G Tripled Its Innovation Success Rate” The purpose of this article was to discuss the efforts of Procter & Gamble to increase the success rate of their innovations. The article began by mentioning how innovation was the “backbone of P&G’s growth”‚ but at the start of the 2000’s‚ only 15% of P&G’s innovations actually met expectations (Brown & Anthony‚ 2011). P&G created the “Connect and Develop” program which allowed people from outside the company to give their own ideas
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(2008) suggests that when individuals/families seek counseling or therapy‚ they are more likely to encounter a therapist who practices “cognitive behavioral therapy‚ solution focused therapy‚ or Bowen family systems rather than a therapist whose primary orientation to treatment is collaborative language or second order cybernetics” (p. 290). When I think of the term family therapy‚ it not only applies to a traditional family consisting of a husband‚ wife‚ and children. There are several types of families:
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