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An example of a barrier generated by the speaker is:
AASB 138
An Australian Accounting Standard Board rule that outlines the accounting requirements for intangible assets not covered by other specific standards.
Finite Useful Lives
refers to the expected period over which an asset is anticipated to be economically beneficial to an entity, after which it is likely to be considered obsolete or worn out.
AASB 138
An Australian Accounting Standard that outlines the accounting treatment for intangible assets not covered by another Standard.
Intangibles
Non-physical assets owned by a firm that can include patents, trademarks, copyrights, and goodwill.
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