Suppose, Company A is aquiring only employees of Company B for payment of 10Cr which is valid for more than 2 years. My Question is can we capitalise this expense as Intangible Asset??
Yasaswi Gomes new
(Finance )
(4484 Points)
Replied 26 September 2022
Nice question. It can be capitalised as no special provision in AS 26. But Indas has separately identifiable criteria to be met and there also we can capitalise. US gaap is bit complex and an article says it's valued on cost basis. The above also initially measured at cost basis. Then they must be specialists cause normal salaries/overheads are expensed as usual. It's bit complex
Yasaswi Gomes new
(Finance )
(4484 Points)
Replied 26 September 2022
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