How to identify an intangible asset and capitalize?

CA Sumit Sarda , Last updated: 09 May 2019  
  Share

Para 8 of Ind AS 38 specifies that 'An intangible asset is an identifiable non-monetary asset without physical substance.' Also as per para 8 An asset is a resource: (a) controlled by an entity as a result of past events; and (b) from which future economic benefits are expected to flow to

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

CA Sumit Sarda
()
Category Accounts   Report

Other Articles  
Comment   Share
5 Likes   10943 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category