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Chapter 8 3 4

Intangible non-current assets

6.1 Key assertions

 Existence

6.2 Sources of evidence

 Invoices

 Timesheets

 Project plan

 Project test / trial results

 Licence agreement

 Cash book / bank statements

6.3 Key areas to consider

 Capitalisation criteria

 Supporting documentation for costs incurred

 Amortisation

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