Chapter
3. Research and Development Activities
4. IFRS Rules on Internally Generated Intangible Assets
D. Intangible Assets Acquired in an Asset Acquisition
3. Acquired Defensive Intangible Assets
E. Intangible Assets Acquired through a Business Combination
1. Determining the Fair Value of the Consideration
2. Identifying the Acquirer
3. Determining the Acquisition Date
4. Recognizing and Measuring the Identifiable Assets Acquired, the Liabilities Assumed, and Any Noncontrolling Interest in the Acquiree
5. Recognizing and Measuring Goodwill or a Gain from a Bargain Purchase
Chapter 2 Initial Measurement of Acquired Intangible Assets
A. Overview of Fair Value Measurement as Applicable to Intangible Assets
B. Valuation Techniques and Inputs Relevant to Intangible Assets
1. Inputs to Valuing Intangible Assets
2. Valuation Approaches and Techniques
C. Applying Valuation Principles to Common Types of Intangible Assets
1. Business Enterprise Value (BEV)
2. Weighted Average Cost of Capital (WACC)
3. Valuation of Specific Intangible Assets
D. Valuing Acquired Goodwill
Chapter 3 Amortizing Intangible Assets
A. Determining the Estimated Useful Life
1. Considerations for Intangible Assets That Meet the Contractual-Legal Criterion
2. Considerations for Intangible Assets That Meet the Separability Criterion
3. Estimated Useful Lives of Defensive Assets
4. Changes in the Determination of Useful Life
B. Amortization Methods for Intangible Assets
C. Amortizing Goodwill—Private Companies
D. IFRS Intangibles—Measurement after Recognition
1. Determining the Estimated Useful Life
2. Cost-versus-Revaluation Model
3. Amortization of Intangible Assets
Chapter 4 Impairment Testing for Goodwill and Other Intangible Assets
A. Overview of the Impairment Testing Rules
B. Impairment Testing for Intangible Assets with Indefinite Lives
1. When to Conduct Impairment Testing
2. Grouping Assets into Units of Accounting
3. Qualitative Assessment
4. Quantitative Impairment Test
C. Impairment Testing for Intangible Assets with Finite Lives
2. When to Conduct Impairment Testing
3. How to Conduct Impairment Testing
D. Impairment Testing for Goodwill
1. When to Conduct Impairment Testing
3. Qualitative Assessment
4. Quantitative Goodwill Impairment Testing
5. Calculating Present Value
6. IFRS—Goodwill Impairment Testing
7. Goodwill Impairment Testing for Private Enterprises and SMEs
Chapter 5 Financial Statement Presentation and Disclosures
A. Financial Statement Presentations
1. Required Financial Statement Presentation for Intangible Assets
2. Required Financial Statement Presentation for Goodwill
B. Financial Statement Disclosures
1. Required Disclosures for Intangible Assets Other Than Goodwill
2. Required Disclosures for Goodwill
C. IFRS Disclosure Requirements
Chapter 6 Deferred Tax Consequences of Goodwill and Intangible Assets
B. Deferred Tax Consequences
C. Amortization of Goodwill and Certain Other Intangibles under I.R.C. § 197
2. Excluded Items: Items That Are Not Intangibles
Worksheet 1: Key Differences between U.S. GAAP and IFRS Guidance on Intangible Assets and Goodwill
Worksheet 2: Jones Manufacturing Inc.—A Goodwill Impairment Testing Example
Worksheet 3: SEC Comment Letter on Research and Development Activity Disclosures to Amphastar Pharmaceuticals Inc., dated January 10, 2014
Worksheet 4: Sample Disclosures under U.S. GAAP
The Walt Disney Company, 10-K Annual Report, Fiscal Year Ended September 29, 2012, with Bloomberg BNA Annotations in Italics
Worksheet 5: Sample Disclosures under IFRS
Worksheet 6: Nature and Components of Goodwill
Measurement and Components of Goodwill
Analysis of Avoidable Components of Goodwill
Recurring Issues Concerning Goodwill
Worksheet 7: Template for Memo on How Indefinite-Lived Intangible Assets Are Grouped for Impairment Testing
Accounting for Goodwill and Other Intangible Assets
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