eACT AIFRS Policy Summary AASB 138 AASB 138 “INTANGIBLE ASSETS” (IN PARTICULAR SOFTWARE) BACKGROUND AASB 138 Intangible Assets is an Australian Equivalent International Financial Reporting Standard (AIFRS) applicable to financial years beginning on or after 1 January 2005. There is currently no Australian Accounting Standard that comprehensively deals with intangible assets. However there are general requirements contained in a number of standards that are applied to intangible assets
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Software Development Lifecycle (SDLC) Software (System) Development Life cycle Model Software life cycle models describe phases of the software cycle and the order in which those phases are executed. Each phase produces deliverables required by the next phase in the life cycle. Requirements are translated into design. Code is produced according to the design which is called development phase. After coding and development the testing verifies the deliverable of the implementation
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A. i. In general‚ what is an intangible asset? An intangible asset is an asset that does not have physical substance. Some examples include patents‚ copyrights‚ and goodwill. ii. Which intangible assets appear on a company’s balance sheet under U.S. GAAP? Describe how U.S. GAAP determines whether an intangible asset is included in the balance sheet. iii. Briefly describe how the accounting for intangibles differs under IFRS. To answer this question‚ you might use the Internet and search
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Abstract Software defined networking is a new concept that redefined the current network device architecture and the way they behave. Due to the exponential growth of the Internet and services attached to this worldwide infrastructure‚ a number of issues have cropped up in modern day networks. This paper discusses a few of these limitations and how the software defined networking approach tries to alleviate them. OpenFlow‚ released in the year 2008‚ is a commercially viable implementation of this
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OUR ENGINEERS ARE JUST NOT MOTIVATED Situation: You are a consultant to the manager of mechanical engineering for a large company(8‚000 employees‚Rupess 700 crores annual sales) that manufactures industrial equipment. The manager had been in this position for six months‚ having moved from a similar position in a much smaller company. Manager: I just can’t seem to get these guys to perform. They are all extremely competent‚ but they just don’t seem to be willing to exert the kind of effort that we
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EFF. DATE: TITLE: SOP FOR SOFTWARE DEVELOPMENT 1.0 OBJECTIVE REVIEW DATE: To describe the procedure for delivering technical solution through development of new software. 2.0 SCOPE This procedure is applicable to development of all new software application in the IT and MIS department. 3.0 RESPONSIBILITY 3.1 3.2 3.3 Programmers to develop software applications as per laid down procedure. Team Leader shall be responsible to carry out the activity as per procedure. Software Manager shall be responsible
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Assignment 1: Report The role of the Engineer in the Value Chain Introduction In recent years‚ the requirements of commercial and industrial operations in the production of services and goods have been subject to vast changes. In the present era of globalization and increasing international competition‚ a trend away from vertically integrated organizations has become more and more evident. In fact‚ most companies nowadays tend to solely concentrate on their own core competencies‚ outsourcing
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of constructing or structuring a national identity using the power of the state. Who is an Engineer? Engineers are technically skilled professionals who are responsible for solving problems. Their main focus is on making things work efficiently and effectively by applying the theories and principles of sciences and mathematics to research‚ and develop economic solutions to technical problems. The Engineer differs from the scientist by the nature of their training. While the scientists try to explore
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CONTRIBUTIONS OF THE NIGERIAN ARMY ENGINEERS TO NATION BUILDING: CHALLENGES AND PROSPECTS INTRODUCTION 1. Nations of the world set objectives which they continually strive to achieve. These objectives which are regarded to be of benefit to the citizens of the country are collectively known as national interest. The extent to which a nation can achieve its national interest and indeed the influence it wields in the international community depends largely on its level of development. Nation
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Software Configuration Management is the ability to control and manage change in a software project. Change is inherent and ongoing in any software project. The ability to track control such changes in a proper manner form the basis of a good software project. Software Configuration Management tries to bridge this gap by defining a process for change control. Change Management defines processes to prevent unauthorized changes‚ procedures to follow when making changes‚ required information‚ possibly
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