FRS 102 - Goodwill and intangibles


This course is part of a series dealing with accounting under FRS 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland. It considers the requirements of section 18 intangible assets other than goodwill and part of section 19 covering goodwill.

The course considers the initial recognition and subsequent accounting for intangible assets such as software and development costs, and looks at the differences in treatment dependent on whether intangibles are internally generated, separately purchased, or acquired in a business combination.

It then looks at the accounting for goodwill, both positive and negative.

Learning outcomes:

On completion of this course you be able to:

  • Determine when intangible assets should be recognised
  • Account for intangible assets subsequent to recognition
  • Apply the FRS 102 requirements in respect of goodwill

Course content:

Intangibles other than goodwill

  • Initial recognition (separately purchased, internally generated, arising in a business combinations
  • Measurement
  • Amortisation
  • Revaluations


  • Initial recognition
  • Accounting: positive goodwill
  • Accounting: negative goodwill

Authored by:

Bruce Cowie, Head of Financial Reporting at BPP Professional Devlopment

Bruce Cowie is the Head of Financial Reporting Programmes at BPP Professional Development. He has been training full time in Financial Reporting topics since 1985, and has an expertise in IFRS, UK GAAP and US GAAP. He has trained across the world (e.g. USA, Europe, APAC, Australia, Argentina) for large multinationals, small and medium sized companies, accounting firms, professional bodies and Government entities, and still maintains a genuine love for his subjects. He has spent a considerable time in training firms for the transition to IFRS and to the new UK GAAP.

A CPD certificate of completion will be provided by BPP Professional Education Limited upon successful completion of the online course.

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date

Price: £35.00 (excludes VAT)