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Chapter 8

Intangible assets

Outcome

By the end of this session you should be able to:

 recognise the difference between tangible and intangible non-current assets

 define and explain the treatment of research costs and development costs in
accordance with IAS 38 Intangible Assets

 calculate the amounts to be capitalised or expensed with regard to research
and development

 explain the purpose of, calculate and account for amortisation of intangible
assets

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Notes can be found in
Chapter 9 of your Study Text

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