Please illustrate the creiteria for capitalising intangible assets(website).
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Quick Summary
This discussion clarifies the criteria for capitalising intangible assets, specifically focusing on websites and goodwill. It points to Indian Accounting Standard (AS) 10 as the primary source for this information. Guidance can also be found through major accounting firms like Deloitte, EY, and PwC, as well as on icaew.com.