Page 191 - F1 Integrated Workbook STUDENT 2018
P. 191
Non-current assets – IAS 23, IAS 38 & IAS 36
2.5 Research and development costs
Research and Development
Research Development
Recognise as expense Capitalise if all of the criteria
as incurred to the profit below have been satisfied. If not
or loss. then recognise as expense as
incurred to the profit or loss.
Ability to use/sell?
Intention to complete and use/sell?
Reliably measure the costs?
Technically feasible?
Adequate Resources available?
Probable economic benefit?
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