- This topic has 3 replies, 2 voices, and was last updated 11 months ago by .
Viewing 4 posts - 1 through 4 (of 4 total)
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.
How was your exam? Comments & Instant poll >>
OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Eligibility for Recognition as Intangible Assets under IAS 38
Dear sir,
Is “a working version of a new machine that uses new technology used for testing of the prototype apparatus” eligible or ineligible to be recognised as intangible assets in accordance with IAS 38 Intangible Assets?
It is not an intangible asset (because it has physical substance).
Thank you so much!
You are welcome