CHỦ ĐỀ 5 – TSCĐVH

Trắc nghiệm
1. Goodwill is: 
A. Amortized over the greater of its estimated life or forty years.
B. Only recorded by the seller of a business.
C. The excess of the fair value of a business over the fair value of all net identifiable assets.
D. None of the above.

2. An exclusive 20-year right to manufacture a product or use a process is a: 

A. Patent.
B. Copyright.
C. Trademark.
D. Franchise.

3. Under International Financial Reporting Standards, research expenditures are: 

A. Expensed in the period incurred.
B. Expensed in the period they are determined to be unsuccessful.
C. Capitalized if certain criteria are met.
D. Expensed if unsuccessful, capitalized if successful.

4. Cromartie LTD. prepares its financial statements according to International Financial

Reporting Standards. During 2013 the company incurred $1,245,000 in research expenditures to
develop a new product. An additional $756,000 in development expenditures were incurred after
technological and commercial feasibility was established and after the future economic benefits
were deemed probable. The project was successfully completed and the new product was
patented before the end of the 2013 fiscal year. Sale of the product began in 2014. What amount
of the above expenditures would Cromartie expense in its 2013 income statement? 
A. $2,001,000.
B. $756,000.
C.  $1,245,000.
D. $0.
[Under IFRS, only the $1,245,000 in research expenditures is expensed. The development costs are
capitalized as an intangible asset.]
5. Depreciation, depletion, and amortization: 
A. All refer to the process of allocating the cost of long-term assets used in the business over
future periods.
B. All generally utilize the same methods of cost allocation.
C. Are all handled the same in arriving at taxable income.
D. All of the above are correct.
6. The legal life of a patent is generally: 
A. Forty years.
B. Twenty years.
C. Life of the inventor plus fifty years.
D. Indefinite.

7. Short Corporation purchased Hathaway Co. for $52,000,000. The fair value of all Hathaway's
identifiable tangible and intangible assets was $48,000,000. Short will amortize any goodwill
over the maximum number of years allowed. What is the annual amortization of goodwill for this
acquisition? 
A. $100,000.
B. $400,000.
C. $200,000.
D. 0.

8. In January of 2013, Vega Corporation purchased a patent at a cost of $200,000. Legal and
filing fees of $50,000 were paid to acquire the patent. The company estimated a 10-year useful
life for the patent and uses the straight-line amortization method for all intangible assets. In 2016,
Vega spent $40,000 in legal fees for an unsuccessful defense of the patent. The amount charged
to income (expense and loss) in 2016 related to the patent should be: 
A. $40,000.
B. $65,000.
C.  $215,000.
D. $25,000.
Total patent cost = 200,000+50,000 = 250,000

Amortized cost upto 2024 = (250,000/10)*3 years = 75,000

Book value on Jan 2024 = 250,000 - 75,000 = 175,000

Amount charged to income

= 175,000 + 40,000

= 215,000

9. According to IAS 38 Intangible assets, which of the following statements about research and
development expenditure are correct?
1 Research expenditure, other than capital expenditure on research facilities, should be
recognized as an expense as incurred.
2 In deciding whether development expenditure qualifies to be recognized as an asset, it is
necessary to consider whether there will be adequate finance available to complete the project.
3 Development expenditure recognized as an asset must be amortized over a period not
exceeding five years
A 1, 2, 3
B 1, 2
C 1,3
D 2, 3

10. According to IAS 38 Intangible assets, which of the following are intangible non-current
assets in the accounts of Ita Co?
1 A patent for a new glue purchased for $20,000 by Ita Co
2 Development costs capitalized in accordance with IAS 38
3 A license to broadcast a television series, purchased by Ita Co for $150,000
4 A state of the art factory purchased by Ita Co for $1.5 million
A 1 and 3
B 1, 2 and 3
C 2 and 4
D 2, 3 and 4
According to IAS 38 Intangible assets, which of the following statements about research and
development expenditure are correct?
1 If certain conditions are met, an entity may decide to capitalise development expenditure.
2 Research expenditure, other than capital expenditure on research facilities, must be written
off as incurred.
3 Capitalised development expenditure must be amortised over a period not exceeding 5
years.
4 Capitalised development expenditure must be disclosed in the statement of financial
position under intangible non-current assets.
A 1, 2 and 4 only
B 1 and 3 only
C 2 and 4 only
D 3 and 4 only
3 According to IAS 38 Intangible assets, which of the following statements concerning the
accounting treatment of research and development expenditure are true?
1 Development costs recognised as an asset must be amortised over a period not exceeding
five years.
2 Research expenditure, other than capital expenditure on research facilities, should be
recognised as an expense as incurred.
3 In deciding whether development expenditure qualifies to be recognised as an asset, it is
necessary to consider whether there will be adequate finance available to complete the
project.
4 Development projects must be reviewed at each reporting date, and expenditure on any
project no longer qualifying for capitalisation must be amortised through the statement of
profit or loss and other comprehensive income over a period not exceeding five years.
A 1 and 4
 B 2 and 4
C 2 and 3
D 1 and 3
4 According to IAS 38 Intangible assets, which of the following statements is/are correct?
1 Capitalised development expenditure must be amortised over a period not exceeding five
years.
2 If all the conditions specified in IAS 38 are met, development expenditure may be
capitalised if the directors decide to do so.
3 Capitalised development costs are shown in the statement of financial position under the
heading of non-current assets.
4 Amortisation of capitalised development expenditure will appear as an item in a company's
statement of changes in equity.
A 3 only
B 2 and 3
C 1 and 4
D 1 and 3
5 According to IAS 38 Intangible assets, which of the following are intangible non-current assets in
the financial statements of Iota Co?
1 A patent for a new glue purchased for $20,000 by Iota Co
2 Development costs capitalised in accordance with IAS 38
3 A licence to broadcast a television series, purchased by Iota Co for $150,000
4 A state of the art factory purchased by Iota Co for $1.5million
A 1 and 3 only
B 1, 2 and 3 only
C 2 and 4 only
D 2, 3 and 4 only
6 According to IAS 38 Intangible assets, which of the following statements about intangible assets
are correct?
1 If certain criteria are met, research expenditure must be recognised as an intangible asset.
2 If certain criteria are met, development expenditure must be capitalised
3 Intangible assets must be amortised if they have a definite useful life
A 2 and 3 only
B 1 and 3 only
C 1 and 2 only
D All three statements are correct
7 According to IAS 38 Intangible assets, which of the following statements concerning the
accounting treatment of research and development expenditure are true?
1 If certain criteria are met, research expenditure may be recognised as an asset.
2 Research expenditure, other than capital expenditure on research facilities, should be
recognised as an expense as incurred.
3 In deciding whether development expenditure qualifies to be recognised as an asset, it is
necessary to consider whether there will be adequate finance available to complete the
project.
4 Development expenditure recognised as an asset must be amortised over a period not
exceeding five years.
5 The financial statements should disclose the total amount of research and development
expenditure recognised as an expense during the period.
A 1, 4 and 5
B 2, 4 and 5
C 2, 3 and 4
D 2, 3 and 5
8 According to IAS 38 Intangible assets, which of the following statements are correct?
1 Research expenditure should not be capitalised.
2 Intangible assets are never amortised.
3 Development expenditure must be capitalised if certain conditions are met.
A 1 and 3 only
 B 1 and 2 only
C 2 and 3 only
D All three statements are correct
The following information is relevant for questions 9 and 10
The following balances existed in the accounting records of Koppa Co, at 31 December 20X7.
$’000
Development costs capitalised, 1 January 20X7 180
Research and development expenditure for the year 162
In preparing the company's statement of profit or loss and other comprehensive income and
statement of financial position at 31 December 20X7 the following further information is relevant.
(a) The $180,000 total for development costs as at 1 January 20X7 relates to two projects:
$’000
Project 836: completed project 82
(Balance being amortised over the period expected to benefit from it. Amount to
be amortised in 20X7: $20,000)
Project 910: in progress 98
180
(b) The research and development expenditure for the year is made up of:
$’000
Research expenditure 103
Development costs on Project 910 which continues to satisfy the requirements in
IAS 38 for capitalisation 59
162
9 According to IAS 38 Intangible assets, what amount should be charged in the statement of profit
or loss and other comprehensive income for research and development costs for the year ended
31 December 20X7?
A $123,000
B $182,000
C $162,000
D $103,000
10 According to IAS 38 Intangible assets, what amount should be disclosed as an intangible asset in
the statement of financial position for the year ended 31 December 20X7?
A $219,000
B $180,000
C $160,000
D $59,000
11 Theta Co purchased a patent on 31 December 20X3 for $250,000. Theta Co expects to use the
patent for ten years, after which it will be valueless. According to IAS 38 Intangible assets, what
amount will be amortised in Theta Co’s statement of profit or loss and other comprehensive
income for the year ended 31 December 20X4?
A $250,000
B $125,000
C $25,000
D $50,000
12 PF purchased a quota for carbon dioxide emissions for $15,000 on 30 April 20X6 and capitalised
it as an intangible asset in its statement of financial position. PF estimates that the quota will have
a useful life of 3 years. What is the journal entry required to record the amortisation of the quota in
the accounts for the year ended 30 April 20X9?
A Dr Expenses $15,000
Cr Accumulated amortisation $15,000
B Dr Expenses $5,000
Cr Accumulated amortisation $5,000
C Dr Intangible assets $5,000
Cr Accumulated amortisation $5,000
D Dr Accumulated amortisation $15,000
Cr Intangible assets $15,000
 13 What is the purpose of amortisation?
A To allocate the cost of an intangible non-current asset over its useful life
B To ensure that funds are available for the eventual purchase of a replacement non-current
asset
C To reduce the cost of an intangible non-current asset in the statement of financial position
to its estimated market value
D To account for the risk associated with intangible assets
14 Which of the following items (that all generate future economic benefits, and whose costs can be
measured reliably), is an intangible non-current asset?
1 Computer hardware owned by a business
2 Operating software that operates the computer hardware in (1)
3 A patent bought by a business
4 An extension to an office building owned by a business
A All four items
B 1, 2 and 4 only
C 1 and 2 only
D 3 only

Bài tập
Bài 1.
Công ty Freitas bắt đầu hoạt động trong năm 2013. Các chi phí phát sinh trong những tháng đầu
năm 2013 như sau:
Phí chuyên gia về việc tổ chức hoạt động của công ty $12,000
Phí làm hồ sơ, giấy tờ 3,000
Mua bằng sáng chế 20,000
Phí pháp lý liên quan đến bằng sáng chế 2,000
Mua trang thiết bị 30,000
Tiền lương trước hoạt động 40,000
Tổng 107,000
Yêu cầu: Ghi bút toán nhật ký liên quan đến các khoản chi trên, biết rằng công ty chi bằng tiền.
Patent $22,000
Furniture $30,000
Pre-opening expenses $40,000
Organization cost expense. $15,000
Cash $107,000
Bài 2.
Vào 30/09/2013 công ty Morgan mua các tài sản có giá trị như sau:

   
Chính sách của Morgan là khấu hao các TSCĐ vô hình sử dụng phương pháp đường thẳng,
không có giá trị thanh lý ước tính, và các tài sản có thời gian hữu ích là 6 năm.

Yêu cầu: Tổng chi phí khấu hao mà Morgan sẽ trình bày trong Báo cáo thu nhập cho niên độ kết
thúc vào 31/12/2013 liên quan đến những tài sản trên là bao nhiêu?
Answer and Explanation:
Amortization of patent = Patent/Useful life × 3/12
Amortization of patent = 6,000,000/6 × 3/12
Amortization of patent = 1,000,000 × 3/12
Amortization of patent = 250,000

Amortization of developed technology = Developed technology/Useful life × 3/12
Amortization of developed technology = 3,000,000/6 × 3/12
Amortization of developed technology = 500,000 × 3/12
Amortization of developed technology = 125,000
Total amount of expenses = Amortization of patent + Amortization of developed technology
Total amount of expenses = 250,000 + 125,000
Total amount of expenses = $375,000

   
Bài 3.
Vào 30/06/2011, Mobley Corporation mua bằng sáng chế với giá $4 triệu. Bằng sáng chế có thời
gian ước tính sử dụng là 8 năm và không có giá trị thanh lý ước tính. Mobley sử dụng phương
pháp khấu hao đường thẳng cho TSCĐVH. Tại ngày 1/1/2013, Mobley bảo vệ thành công bằng
sáng chế trước sự vi phạm từ các doanh nghiệp khác. Việc kiện tụng này tốn $650,000.
Yêu cầu:
1. Tính chi phí khấu hao bằng sáng chế cho 2 năm 2011 và 2012
2. Ghi nhân bút toán cho chi phí kiện tụng trong năm 2013
3. Tính chi phí khấu hao cho 2013.
Bài giải:
Chi phí kh năm 2011: 4.000.000/8 x 6/12 = 250.000
Chi phí kh năm 2012= 4.000.000/8=500.000
2, patents 650.000
Cash 650.000
4. Chi phí kh năm 2013= ((4.000.000-250.000-500.000)+650.000)/(8-1,5)=600.000
  At the beginning of January 2016, Mobley successfully defended its patent against infringement.
Litigation costs totalled $650,000
a. $51,500
b. $50,000.
c. $47,000.
d. $39,000.
Bài 4.
Công ty Y chuyên về phát triển vật liệu mới và quy trình sản xuất cho ngành công nghiệp đồ nội
thất. Công ty nhận được khoản thanh toán từ các nhà sản xuất cho quyền sử dụng sợi vải đã được
đăng ký bằng sáng chế. Chi phí nghiên cứu và phát triển cho niên độ kết thúc vào 30/09/20x5
được phân tích như sau:
Các dự án hiện tại
Dự án A ($280,000)
Miếng lót chịu lửa mới. Chi phí dự tính là $400,000 để hoàn thành quá trình phát triển. Tổng
doanh thu mong đợi là $2,000,000 khi công việc hoàn thành – chắc chắn vào cuối 20x6. Khách
hàng đã đặt trước cho nguyên liệu này sau khi xem buổi trình bày về khả năng của mẫu vật việu
vào đầu năm.
Dự án B ($150,000)
Thuốc nhuộm màu mới. Chi phí dự tính để hoàn thành là $3,000,000. Thuốc nhuộm được phát
triển sẽ là một sự thay thế rẻ hơn cho thuốc nhuộm hiện đang được sử dụng ở công ty Y cho hầu
hết các sản phẩm. Công ty mong đợi sẽ tiết kiệm được chi phí là $10,000,000 từ việc sử dụng
thuốc nhuộm mới. Mặc dù Y đã trình bày rằng thuốc nhuộm này là một sản phẩm khả thi và công
ty có ý định để hoàn thành việc phát triển nó, tuy nhiên ngày hoàn thành vẫn chưa chắc chắn vì
nguồn tài trợ bên ngoài có thể phát sinh trước khi việc phát triển hoàn thành.
Dự án C ($110,000)
Việc nghiên cứu chất dán mới đang phát triển trong ngành công nghiệp vũ trụ. Diều này có thể
chứng minh rằng công ty Y có thể tạo ra lợi nhuận tốt nếu nó được sử dụng để thay thế cho chất
dán hiện tại.
Yêu cầu:
Giải thích về cách xử lý kế toán đối với 3 dự án A,B,C. Trong mỗi trường hợp, giải thích cách xử
lý của bạn theo quy định của IAS 38 Intangible assets.

Bài 5.
Công ty Janson Pharmaceuticals phát sinh các chi phí trong năm 2013 liên quan đến loại thuốc trị
ung thư mới như sau:
Nghiên cứu công thức mới $2,425,000
Phát triển công thức mới 1,600,000
Phí pháp lý và hồ sơ cho bằng sáng chế công thức mới 60,000
 Tổng $4,085,000
Chi phí phát triển phát sinh sau khi tính khả thi về mặt kỹ thuật và thương mại được thiết lập và
sau khi có khả năng thu được lợi ích kinh tế trong tương lai. Dự án đã hoàn thành thành công và
loại thuốc mới đã được cấp bằng sáng chế trước khi kết thúc niên độ kế toán 2013.
Yêu cầu: Tính toán chi phí nghiên cứu và phát triển mà Jason sẽ báo cáo trong Báo cáo thu nhập
năm 2013 liên quan đến dự án trên.
Bài giải:
Nghiên cứu công thức mới $2,425,000
Phát triển công thức mới 1,600,000
Tổng $4,085,000

Bài 6.
Ghép mỗi mục ở cột A tương ứng với một mục ở cột B:
A B
1. Depreciation a. Exclusive right to display a word, a symbol, or an emblem
2. Depletion b. Exclusive right to benefit from a creative work
3. Amortization c. Assets that represent rights
4. Average accumulated expenditures d. The allocation of cost for natural resources
5. Revenue-donation of asset e. Purchase price less fair value of net identifiable assets
6. Nonmonetary exchange f. The allocation of cost for plant and equipment
7. Intangible assets g. Approximation of average amount of debt if all
8. Copyrights construction funds were borrowed
9. Trademark h. Account credited when assets are donated to a corporation
10. Goodwill i. The allocation of cost for intangible assets
j. Basic principal is to value assets acquired using fair value
of assets given
Trademark
Exclusive right to display a word, a symbol, or an emblem.

copyright
Exclusive rights to benefit from a creative work.

intengible assets
Assets that represent contractual rights.

natural resources
Oil and gas deposits, timber tracts, and mineral deposits.
goodwill
Purchase price less fair value of net identifiable assets.

depreciation
The allocation of cost for plant and equipment.

amortization
The allocation of cost for intangible assets.

callable bonds
Allows the issuer to pay off the bonds early at a fixed price.

serial bonds
Matures in installments.

unsecured bonds
Secured only by the "full faith and credit" of the issuing corporations.

conventible bonds
Allows the investor to transfer each bond into shares of common stock.

bond indenture
A contract between the issuer and the investor.

term bond
matures on a single date.

secured bond
Supported by specific assets pledged as collateral by the issuer.

bond issue cost

Includes underwriting legal assounting registration and printing fees.

total depreciation equals

cost minus salvage value

rate equals
total depreciation divided by life
rate equals
one divided by life times two

rate per mile equals

total depreciation divided by total estimated miles
Bài 7.
Vào 30/06/2013, Saint John Corporation mua nhượng quyền thương hiệu với giá $1,200,000. Tài
sản này có thời gian hữu ích là 10 năm và không có giá trị thanh lý ước tính. Saint John sử dụng
phương pháp khấu hao đường thẳng cho tất cả TSCĐVH. Vào 31/12/2013 (kết thúc niên độ kế
toán), Saint John chọn đánh giá lại nhượng quyền thương hiệu. Có thị trường hoạt động cho tài
sản này và giá trị hợp lý của nó vào 31/12/2013 là $1,180,000.
Yêu cầu:
1. Tính khấu hao cho năm 2013
2. Thực hiện bút toán nhật ký cho việc đánh giá lại tài sản trên
3. Tính khấu hao năm 2014

Bài giải:
1) 60,000

2) D: Franchise 40,000
C: OCI 40,000

3) 124,211=1180/9.5

First you have to calculate the amortization expense for the year 2013 when the
corporation acquired the patent.
Amortization per year is (Book Value - Residual Value)/ Useful life which is (1,200,000-
0)/10 = 120,000
Then you have to account for the patent being acquired in the middle of the year. So
only 6 months remain in 2013 that need to be amortize. 120,000* 6/12 = 60,000
amortization exp for 2013.
At year end your patent is worth 1,200,000 - 60,000 = 1,140,000
Since you re valuated the patent and found it to be 1,180,000 which is higher than your
book value at the end of 2013 you wound need to make a journal entry.
Debit Franchise 1,180,000 - 1,140,000 = 40,000
Credit Revaluation Surplus 40,000.
This would bring the value of the patent up to 1,180,000 from what you originally had.
Note: Revaluation only exists in IFRS accounting standards. Under US GAAP,
revaluation is not permitted.