2.3 A company producing and selling computer software has sent a number of its staff on train¬ ing courses near the end of the accounting period. The courses contained a number of general business matters, but also included specialised material relating to the design and production of software. The amount spent on the courses amounted to £70,000.

Discuss whether or not the expenditure has resulted in the creation of a business asset which would be shown in the balance sheet of the company at the end of the accounting period.