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RTRSY » Topics » CICA 3064, Goodwill and Intangible Assets

This excerpt taken from the RTRSY 6-K filed Nov 14, 2008.

CICA 3064, Goodwill and Intangible Assets

In February 2008, the CICA adopted CICA 3064, Goodwill and Intangible Assets, which replaces CICA 3062 and establishes standards for the recognition, measurement, presentation and disclosure of goodwill and intangible assets. The new standard applies to internally-generated intangible assets and rights under licensing agreements and is effective for us as of January 1, 2009. We believe there will not be a significant impact on our financial statements upon adoption.

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This excerpt taken from the RTRSY 6-K filed Aug 13, 2008.

CICA 3064, Goodwill and Intangible Assets

In February 2008, the CICA adopted CICA 3064, Goodwill and Intangible Assets, which replaces CICA 3062 and establishes standards for the recognition, measurement, presentation and disclosure of goodwill and intangible assets. The new standard applies to internally generated intangible assets and rights under licensing agreements and is effective for us in the fourth quarter of 2008. We believe there will not be a significant impact on our financial statements upon adoption.

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EXCERPTS ON THIS PAGE:

6-K
Nov 14, 2008
6-K
Aug 13, 2008

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