IAS 38 - Intagible Assets

Página 1

IAS 38- Intangible Assets

Development Expenditure

IAS 38- qualifying dev expenditure must be capitalised

FRS102- entity has the option to capitalise qualifying development expenditure

Useful Life

IAS 38- either finite or infinite

FRS102- useful life is considered to be finite

Amortisation

IAS 38- review annually

FRS102-review only if there is an indication of a change since the previous accounting date

Impairment

IAS38- IA with indefinite lives are tested for impairment annually

FRS102- tested for impairment when there is an indication that an asset may be impaired