MCD2160 Lecture Notes - Lecture 11: Cochlear Implant, Speech Recognition, Hearing Aid

• School: Monash University
• Department: Diploma of Business - Monash College (MCD)
• Course: MCD2160
• Professor: sadiq

Document Summary

By the end of this week you should have mastered the following initial check list. 5 steps: identify the contract(s) with customers, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price, recognise revenue when a performance obligation is satisfied. Examples, sale of goods and services, construction contracts, software and medical products. Review components of the cost of a nca (review from lecture 8) From lecture 8 (slides 64 to 74) further in lecture 10. Internally generated, separately identifiable aasb 138 par 12. Development aasb 138 par 57 asset if pass 6 tests. Brands, customer data aasb 138 par 63 expensed. Cost less accum amortisation less impairment finite life aasb 138 par 97 impact technology. Fair value model aasb 138 par 75. Read text: monash custom carlon et al chapters. Accounting for income, selected expenses and selected intangibles. Textbook chapter 3 pp 163 166 chapter 8 pp 528 530, 532 chapter 13 pp 857 862.