Intangible assetsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Intangible assetsThis topic has 1 reply, 2 voices, and was last updated 2 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts June 4, 2021 at 10:42 am #623095 Jiya024MemberTopics: 168Replies: 56☆☆☆Dear Professor,Is it possible by any chance that a purchased intangible asset does not meet the recognition criteria under IAS 38?Many thanks! June 5, 2021 at 9:12 am #623242 Stephen WidbergKeymasterTopics: 15Replies: 3217☆☆☆☆☆Yes – if there is no probable inflow of benefits.Imagine a celebrity has been jailed for a horrible crime, and you buy a brand name which uses that celebrity’s name. No one will buy your product.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