Solutions Manual For Intermediate Accounting (Volume1) 14th Canadian Edition By Kieso, Weygandt, Warfield, Wiley, Wiecek, McConomy (All Chapters 0-12, 100% Original Verified, A+ Grade)
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Kieso, Weygandt, Warfield, Wiley, Wiecek, McConomy Intermediate Accounting, Fourteenth Canadian Edition
CHAPTER 12
INTANGIBLE ASSETS AND GOODWILL
Learning Objectives 1.Understand the importance of goodwill and intangible assets from a business perspective and describe their characteristics.
2.Identify and apply the recognition and measurement requirements for purchased intangible assets.
3.Identify and apply the recognition and measurement requirements for internally developed intangible assets.
4.Explain how intangible assets are accounted for after initial recognition.
5.Identify and explain the accounting for specific types of intangible assets.
6.Explain and account for impairment and derecognition of limited-life and indefinite-life intangible assets.
7.Explain how goodwill is measured and accounted for after acquisition.
8.Explain and account for impairment of goodwill.
9.Identify the types of disclosure requirements for intangible assets and goodwill, and explain the issues in analyzing these assets.
10.Identify differences in accounting between IFRS and ASPE.
11.Explain and apply basic approaches to valuing goodwill.Solutions Manual12.1 Chapter 12 Copyright © 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited. 2 / 4
Kieso, Weygandt, Warfield, Wiley, Wiecek, McConomy Intermediate Accounting, Fourteenth Canadian Edition Summary of Questions by Learning Objectives and Bloom’s Taxonomy Ite m LO BTItemLO BTItemLOBTIte m LOBTIte m LOBT Brief Exercises
1. 1 C 6.2,3,5AP11.3C16.6,10C21.7AP
2.1,2,3C 7. 2,3AP12.3,4,10C17.6,10C22.8,10AP
3.2,3,10AP 8.
2,3,5,10
K13.2,4A
P
18.6,10C23.8,10AP
4.2,3,4AP 9.
2,3,4,10
AP14.2,4A
P
19.6C24.11AP
5. 2 AP10.2,4,5AP15.2,4,10C20.6,7C
Exercises
1.2,5,10K 7.
2,3,4,5
AP13.2,5,9A
P
19.6,10AP25.11AP
2.2,5,7,10K 8.
3,4,10
AP14.6,10A
P
20.7AP26.11AP
3.2,3,5,7,10AP 9.
3,4,5,10
AP15.6,10A
P
21.7,8,10AP27.11AP
4.2,3,4,10AP 10.
2,3,4,5,10
AP16.6,10A
P
22.8,10AP
52,3,4,10AP.11.
3,4,6,10
AP17.6,10A
P
23.11AP
6.2,3,4,5AP 12.
2,4,6,10
AP 18.6,10A
P
24.11AP
Problems
1.2,3AP 4.2,4,7AP 7.4A
P
10.5,6C13.11AP
2.2,4AP 5. 2,4AP 8.6,8A
P
11.7,8AP14.11AP
3.2,4AP 6. 3 AP 9.6,8A
P
12.7,8AP15.6,8AP
Integrated Cases
1.3 AP 2.3,5,9AN 3.8,9A
N Research and Analysis
1.6,8,9AP2. 3,5AN3.3,6,7A
N
4.1,7,8AP
Solutions Manual12.2 Chapter 12 Copyright © 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited. 3 / 4
Kieso, Weygandt, Warfield, Wiley, Wiecek, McConomy Intermediate Accounting, Fourteenth Canadian Edition
Legend: The following abbreviations will appear throughout the solutions
manual file.LO Learning objective BT Bloom's Taxonomy K Knowledge C Comprehension AP Application AN Analysis S Synthesis E Evaluation
Difficulty:Level of difficulty
S Simple M Moderate C Complex
Time: Estimated time to complete in minutes
AACSB Association to Advance Collegiate Schools of Business Communication Communication EthicsEthics Analytic Analytic Tech.Technology Diversity Diversity Reflec. Thinking Reflective Thinking CPA CM CPA Canada Competency Map EthicsProfessional and Ethical Behaviour PS and DM Problem-Solving and Decision-Making Comm.Communication Self-Mgt. Self-Management Team & Lead Teamwork and Leadership Reporting Financial Reporting Stat. & Gov. Strategy and Governance Mgt. Accounting Management Accounting AuditAudit and Assurance Finance Finance Tax Taxation DAISData Analytics and Information Systems
ASSIGNMENT CLASSIFICATION TABLE
TopicBrief Exercise Exercise Problem 1.Importance of and characteristics of intangible assets
1, 21, 2, 3
2.Recognition, measurement of 2, 3, 4, 5, 6, 7, 8,1, 2, 3, 4, 5, 6, 4 Solutions Manual12.3 Chapter 12 Copyright © 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited.
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