IFRS for SMEs / Section 18: Intangible Assets other than Goodwill

Section 18: Intangible Assets other than Goodwill

Section 18 covers identifiable non-monetary assets without physical substance, amortised over their useful life; internally generated research and development is expensed.

Disclosures to look for

18.27 Useful lives or rates, the amortisation method and a reconciliation of the carrying amount.

How Sight applies it

The intangible assets note reconciles each class.

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