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Intangible assets amortisation

This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.

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October 6, 2023 at 8:02 am #692873
Davidbex
Participant
- Topics: 1
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If to the Book value of software intangible assets we have addition every month, how should amortisation calculated per straight line method, should additional amount useful life should be remaining useful life of asset at added date?
October 8, 2023 at 8:13 pm #692933
P2-D2
Keymaster
- Topics: 4
- Replies: 7177
If there is an additional every month then we’d need to firstly ensure that it can be capitalised and if so then it would be depreciated over the remaining life of the software. I very much doubt that you would see this in the exam.
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