Intangible assets Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Intangible assets This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg. Viewing 2 posts - 1 through 2 (of 2 total) Author Posts June 4, 2021 at 10:42 am #623095 Jiya024 Topics: 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 WidbergModerator Topics: 10Replies: 2518☆☆☆☆☆ 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. Author Posts Viewing 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