Share this content
0
465

Capitalizing Intangible Assets

Hi,

I was wondering if anybody had experience of capitalising internally generated intangible assets (e.g. websites, apps etc.) when the team developing the asset is using an agile product development methodology rather than traditional waterfall method. By this I mean that the people working on the 'product' may be working on multiple projects each month and also there isn't a traditional straight line product lifecycle development process of Initiation-Research-Design-Development-Testing-Implementation, these often happen concurrently based on releases/app updates etc. rather than one after another. The key challenges I see are:
(1) How people book there time to the various projects (based on actual time per project, which is very time consuming or apportioned between projects?)
(2) How you differentiate between initiation/Research stages (that would be deemed 'research' under accounting rules so revenue expenditure) and development/testing etc. (which could be deemed capital if all the criteria are met)?

Assume international accounting standards are applicable e.g. IAS 38 (the most applicable)

Thanks in advance.

Replies

Please login or register to join the discussion.

avatar
Nov 28th 2017 00:49

Looks like an interesting idea but the main reason behind all the intangible assets for being capitalize is that, most of these are capitalized through PhD dissertation writing services.

Thanks (0)
avatar
Dec 14th 2017 10:11

A discourse, in this specific circumstance Pay Someone to Do my Essay intends to discuss what you know or found about the task. It demonstrates the educator your comprehension, and how you went to that understanding. Supply references - like web joins, books, papers ET terrace - how you got the data. Take a gander at Wikipedia and you will see the type of dialog.

Thanks (0)
Share this content