Evaluate current accounting treatment for the recognition

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Reference no: EM133506600

Research assessment

Case: The company is selected Seek limited

Purpose: To allow students to apply the technical knowledge of relevant accounting standards to financial reporting settings. This assessment relates to learning outcomes c and d.

Topic: Reporting and Disclosure of Intangible Assets

Task Details: The lecturer will nominate an ASX listed firm for each student. Each student is required to analyse its financial statement of the financial year ending in 2022. The analysis must focus on discussing the firm's reporting and disclosure practices of intangible assets. In the discussion, detail the accounting policy that the firm follows in reporting, measuring, and disclosing its intangible assets, and provide an analysis of accounting policies. The discussion must evaluate the current accounting treatment for the recognition and measrement of intangible assets under AASB138.

Research requirements: Students need to support their analysis with reference to relevant material from the textbook and minimum of eight (8) suitable, reliable, current, and academically acceptable sources - this should include at least 2 peer-reviewed academic journal articles.
Presentation: 2000 words (+/- 10%) short report format. Title page, executive summary, table of contents, appropriate headings and sub-headings, recommendations/findings/conclusions, in-text referencing, and reference list (Harvard - Anglia style).

Reference no: EM133506600

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