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M22087 - Accounting for Intangible Assets:  IAS38 (Online)

  • 3 Nov 2022
  • 13:30 - 16:45
  • Online Webinar


Registration is closed
Registration Time: 13:15
Sessions Time: 13:30 - 15:30 (No break)
Speaker: Mr Kevin Vassallo
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

*Group bookings for 3 or more participants available.


IAS 38 Intangible Assets outlines the accounting requirements for intangible assets, which are defined as non-monetary assets without physical substance and which are identifiable, being either separable or else arising from contractual or other legal rights. Intangible assets meeting the relevant recognition criteria are measured initially at cost and subsequently either at cost less accumulated amortisation and impairment losses (if any) or else using the revaluation model. Amortisation is calculated on a systematic basis over the useful life of the asset (unless an asset has an indefinite useful life such as purchased goodwill in a business combination, in which case amortisation does not apply).
IAS 38 was revised in March 2004 and applies to intangible assets acquired in business combinations occurring on or after 31 March 2004, or otherwise to other intangible assets for annual periods beginning on or after 31 March 2004.

Specific topics to be covered during the session 

  • Objective and scope of the standard
  • Key definitions
  • Recognition
  • Initial measurement
  • Measurement subsequent to acquisition
  • Classification based on useful life
  • Subsequent expenditure
  • Disclosure requirements

Target Audience

This seminar is intended for accounting professionals and student accountants who practice in industry as well as those pursuing a career in auditing.

    Speaker's Profile

    Kevin Vassallo is a certified public accountant with practical experience in financial markets, risk management and internal auditing. He has been working in the banking industry for the past 30 years and is currently Head of Projects and Treasury at the Malta Development Bank. He previously held executive posts at the Central Bank of Malta and the MFSA. He is also an ACCA lecturer in corporate financial reporting.


    3 Hours Core


    Terms and conditions  apply


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    Tel. +356 2258 1900