Intangible Assets

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May 4, 2021 at 6:31 am #619598
sahersk
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Hi!
Can internally generated Intangible Assets be recognized in the financial statements if they meet the recognition criteria ?
May 6, 2021 at 9:57 am #619839
P2-D2
Keymaster
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Hi,

No they cannot be recognised as their value cannot me measured, as per the standard.

Thanks
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