Intangible assetsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Intangible assetsThis topic has 1 reply, 2 voices, and was last updated 4 years ago by Kim Smith.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 21, 2020 at 12:13 pm #595903 prina17MemberTopics: 2Replies: 1☆Hello, I have seen in the M/J 18 examiner report that internally generated software can be capitalised if the criteria is met. Does this also apply to internally generated brands or are brands always prohibited if internally generated? November 21, 2020 at 12:33 pm #595909 Kim SmithKeymasterTopics: 130Replies: 8167☆☆☆☆☆Internally generated brands can NEVER be recognised as an assets because they indistinguishable from goodwill.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