Intangible assetForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Intangible assetThis topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts October 5, 2021 at 5:13 pm #637047 James124ParticipantTopics: 166Replies: 138☆☆☆How are development cost considered intangible asset as they are costs? Secondly, development costs are more likely to be cost spent on physical product so why considered intangible asset than tangible asset? October 6, 2021 at 7:06 am #637095 John MoffatKeymasterTopics: 56Replies: 53823☆☆☆☆☆They are more likely to be spent on the wages of the people doing the development work, and that is intangible.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In