Intangibles/ Impairment
Patents, Copyrights,Trademarks or trade names are an examples of:_________________________
what are the common type of intangibles?
Right to control the use of the identified assets
What is the definition of lease?
Determine the adquisitoin date is an step of _________
What is a purchase method?
Maintained in a business model whose objective is to maintain financial assest in order to collect contractual cash flow
What is amortized cost?
They are negotiated as a package (i.e. same business objective).
what is a criteria of contract obligation?
Identifiable non- monetary assest whitout physical substance
What is intagible assets?
The purchase option at prices sufficiently lower than fair value
What is the Financial lease indicator?
Joint operations and Joint ventures
How to post joint agreements?
Significant increase in credit risk
What is a characteristic of the stage 2, of the impairment model?
An enforceable promise in a contract with a costumer to transfer a good or service to the customer.
What is Performance obligations
Research phase and Development phase
which are the phases of the internally generated intangible assets?
low value asset and short term asset
What are the recognition exemptions according to IFRS 16 to recognize a transaction as a leassing?
Substantive rights to direct relevant activities
What is power?
Prospective expectations are a new concept in:________________
What is recognition of deterioration?
A good o service is considered transferred when the client obtains__________
What is control?
Obsolescense , physical damage and significant changes are examples of:________________
What are the examples of the internal resources for the indications of impairment?
Does not transfer substantially all risks and rewards of ownership of the asset
What is the main characteristic of Operating lease?
That personnel be exchange at the manager lever.
What is evidence of significant influence?
Create rights and obligations associated whit a good or with an underline value.
What is derivative financial instrument?
Allocated the trnasaction price to the component contract obligations
What step for of a new five step model?
The period during which an asset is expected to be available for use by an entity.
What is Usful life?
liability inicial value, Initial payments to the lessor , incentives received by the lease, indirect incurred.
What are the elements of the Right of use??
The book value incrase / decreased based on the participation of the investor in the result of the equity.
What is the application of the equity method?
They are unilateral contracts that establish the right to buy or sell on a define date, in an exchange for a payment of a premium.
What is an option?
It is the sum of weighted probability amounts in a range of possible outcomes
What is expected value model?