ICAEW guidance and support ICAEW's financial reporting portal offering practical resources on the new regime, including. This helpsheet addresses some of the commonly asked questions on intangible assets and goodwill. Ask ICAEW Technical Advisory Service Get an opinion from the experts. Our experienced technical advisors can help you with your new UK GAAP questions and offer practical advice. Call the advisory helpline on +44 (0)1908 248 250. Questions we've dealt with recently include: • Do I need to hold my trade debtors at amortised cost under FRS 102? • When do I have to apply FRS 102 to my UK company client? • How does FRS 102 impact charities? Find out more about the, including our opening hours. Financial Reporting Faculty The faculty offers assistance and support in IFRS, UK GAAP and other aspects of business reporting. It offers technical briefings and factsheets, IFRS and UK GAAP standards-trackers, plus practical advice from industry experts and working accountants. Interpretation and application of UK GAAP for accounting periods commencing on or after 1 January 2015 Steve Collings (2015) A detailed, practical guide to applying UK GAAP with specific sections and examples covering: • Summary of the key differences between FRS 102 and 'old' UK GAAP: Goodwill and intangible assets • Intangible assets • Recognition and measurement Includes discussion of intangible assets obtained by way of grant, exchange of assets and intangible assets acquired in business combinations with examples. • Research and development Includes discussion of accounting for expenditure in the research phase and development expenditure with examples. ![]() • Amortisation • Derecognition • Disclosure requirements UK GAAP 2017: Application of FRS 100–104 in the UK EY (2017) This guide has been fully updated to reflect the application of the new accounting standard in practice. It focuses on each area of the financial statement in detail and explains how they are treated by FRS 102, with illustrative examples. The chapter on intangible assets other than goodwill covers: • Comparison between Section 18 and IFRS • Requirements of Section 18 for intangible assets other than goodwill Including scope and definition, recognition and initial measurement, measurement after initial recognition, presentation and disclosures. Accounting Software Development Costs Ifrs Vs Gaap 2016![]() ![]() Accounting Software Development Costs Ifrs Vs Gaap Pdf• Practical implementation issues • Summary of GAAP differences. Guides Some guides and comparisons that we link to may pre-date the latest amendments to this standard. Accounting Software Development Costs Ifrs Vs GaapWhile these resources contain useful information, please treat them with appropriate caution. CCH Daily, January 2017 This article reviews accounting changes to reporting intangible assets, focusing on key requirements set out in FRS 102 Section 18 Intangible Assets other than Goodwill versus the old FRS 10 treatment.
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