I n t e r a c t I v e t e X t foundations in Accountancy/ acca financial accounting (ffa/FA) bpp learning Media is an acca approved Content Provider

PART D: RECORDING TRANSACTIONS AND EVENTS 

 

170

 

 

Study Guide 

Intellectual level 

 

 

D  Recording transactions and events 

 

 

 

6  Intangible non-current assets and amortisation 

 

 

 

(a)  Recognise the difference between tangible and intangible non-

current assets. 

K 

 

 

(b)  Identify types of intangible assets. 

K 

 

 

(c)  Identify the definition and treatment of 'research costs' and 

'development costs' in accordance with IFRSs. 

K 

 

 

(d)  Calculate amounts to be capitalised as development 

expenditure or to be expensed from given information. 

S 

 

 

(e)  Explain the purpose of amortisation. 

K 

 

 

(f)  Calculate and account for the charge for amortisation. 

S