Intangible asset

Goodwill is explained as the ‘future economic benefits arising from other assets acquired in a business combination or acquisition that are not individually identified and separately recognised’ in AASB 3 Appendix A. Physical asset including buildings or equipment cannot be considered as goodwill, it should be an intangible asset that has no physical substance. And a business combination itself means ‘a transaction or other event in which an acquirer obtains control of one or more business’. On…

It is the excess of the purchase price over the fair value of all the tangible assets acquired, arrived at by carefully ascertaining the value of such assets—at least in theory. The analyst must be alert to the makeup and the method of valuation of Goodwill as well as to the method of its ultimate disposition. One way of disposing of the Goodwill account, frequently preferred by management, is to write it off at a time when it would have the least impact on the market's assessment of the…

whereby shareholders’ equity is obtained by using total asset less total liabilities. (Total Assets-Total Liabilities )/(Total Outstanding Shares)=Book value per share (38199000-7624000 )/174006000=0.18 SGD per share (Japan Foods Holding Ltd, 2015)(Appendix A) Market value per share as of 31 march 2015 = $0.49 Singapore dollars. (Yahoo! Finance, 2015) (Earl K.Stice, 2015) Inaccurate estimation of depreciating assets One major component of assets in JFH’s balance sheet is Property, Plants and…

Most significant assets of this organization include land, buildings, equipment cost. The reported data show the value of assets is increasing. (Form 990, Part X, 2011-13, p. 11). If we break down the assets reported in Form 990 this FY 2013 the book value of land was $275,700, the value of buildings was $551,709 and equipment book value was $62,975. Comparing…

Intangible assets; assets that is not physical in nature. Corporate intellectual property including items such as patents, trademarks, copy rights and business methodologies. In Lufthansa account are shown at cost while internal lead to intangible assets from which the group expects to obtain future benefit and which can be measured reliably are capitalised at cost of production…

PURPOSE: This memo describes the issue of emission allowances as intangible assets and the accounting treatment to correctly show this kind of assets on the statement of cash flows. SUMMARY - Classification in the Statement of Cash Flow of the purchase made on April 2, 2010, of emission allowances from Clean Air Corp. - Classification in the Statement of Cash Flow of the sale made to Dirty Chemical Corp. for emission allowances with the vintage year of 2016. - Correct classification of the…

Gerstman School of Business, Swinburne University of Technology, Hawthorn, Australia Carol Barry School of Business, Swinburne University of Technology, Hawthorn, Australia Keywords Resources, Competitive advantage, Financial services, Intangible assets Introduction The study of sustainable competitive advantage (SCA) within particular service industries was encouraged as far back as 1993. Bharadwaj et al. (1993, p. 83) proposed a conceptual model which attempted to integrate SCA…

Lee’s Model vs. Lawson’s Model There are some basic differences in the Lee and Lawson proposal for formulation of Cash Flow Model. Firstly, Lee conceived the structure of cash flow accounting as an inter-locking series of statements for a variety of users. Lawson, on the other hand, is mainly concerned with the provision of cash flow data to improve the information base of investors and financial managers. Secondly, Lee’s system is enterprise oriented, intended for a variety of user group, and…

GameStop’s balance sheet, from 2013 to 2014, the total assets that GameStop had at its disposal increased a large amount, going from 4091.40 in 2013 to 4246.30 in 2014. The net intangibles and the other long term assets were the main perpetrators of this increase in assets, with the intangibles going from 194.30 in 2013 to 237.80 in 2014, and other long term assets increasing from 56.60 in 2013 to 101.40 in 2014. Alongside this increase in assets, GameStop showed a notable decrease in…

'Total Debt To Total Assets' Total debt to total assets is a leverage ratio that defines the total amount of debt relative to assets. This enables comparisons of leverage to be made across different companies. The higher the ratio, the higher the degree of leverage, and consequently, financial risk. This is a broad ratio that includes long-term and short-term debt (borrowings maturing within one year), as well as all assets – tangible and intangible. Total Debt To Total Assets BREAKING…