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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Purchased customer list
-(customer list,publishing titles) and other intangibles which are prohibited from capitalisation by ias 38 , if they were not internally generated and were actually purchased ,should they be capitalised.
-if entity Purchased Intangible for immaterial amount, it would not be Relevant (quality of info under framework) . So in that case should we not care whether we capitalise it or expense it OR we have to essentialy expense it(if yes,reason?)
If they are purchased they will be capitalised as it is the separate acquisition on an intangible.
Why would you concern yourself with something that is immaterial?