Choose an ASX listed firm and analyse its 2019 financial statements. ( The financial statement for chosen company is attached. The analysis must focus on
discussing the firm's reporting and disclosure practices on intangible assets. The discussion must be supported by the requirements prescribed by AASB 138 and
relavant academic and professional discourse.
Justify why the firm adopted the polict in its 2019 financial reports rather than other policies permitted under AASB 138. Students are also required to
research on the econimic, institutional, historical and cultural backgrounds of the firm to make its accounting choice in relation to intangible assets.
Sample Solution