AASB 138 requires disclosure of:
A) the aggregate amount of research and development costs recognised as an expense during the period
B) the amortisation methods used for intangible assets with finite lives
C) a reconciliation of the opening and closing asset balances showing additions, revaluations, impairment losses and amortisation
D) all of the above

Question

Quizplus · Accepted Answer

AASB 138 requires disclosure of all the above, which includes the aggregate amount of research and development costs recognised as an expense during the period, the amortisation methods used for intangible assets with finite lives, and a reconciliation of the opening and closing asset balances showing additions, revaluations, impairment losses and amortisation.

AASB 138 Requires Disclosure Of