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How to Account for Intangible Assets under IAS 38 - CPDbox - Making IFRS Easy
Is it an asset or an expense? How to account for amortization? What if the asset has indefinite useful life? Learn here in our newest article with the video in the end!
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SOLVED: PROBLEM MULTIPLE CHOICE According to PAS 38, intangible assets are measured as follows: Initial measurement - cost model or revaluation model Subsequent measurement - cost model or fair value model According to PAS 38, research and development costs incurred in self-generating an intangible asset are recognized as follows: Research costs - expensed Development costs - capitalized, but may be expensed in some circumstances According to PAS 38, which of the following intangible assets are
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