- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 23. Long-lived Assets
- Subject 7. Presentation and Disclosures
CFA Practice Question
According to U.S. GAAP, which of the following pieces of information about intangible assets does not need to be disclosed in a company's financial statements and footnotes?
A. The amortization method used
B. Both the gross carrying amount and accumulated amortization expense
C. The estimated amortization expense for the next five years
Explanation: It is required by IFRS.
User Contributed Comments 3
| User | Comment |
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