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AASB 138 states that intangible assets:correct one may not be revalued and must be amortised over their useful lives .are only able to be revalued

AASB 138 states that intangible assets:correct one

may not be revalued and must be amortised over their useful lives

.are only able to be revalued if they have been internally generated and there is an active market for them

.may only be revalued to their fair value as assessed by a licensed valuer

.may be measured by using either the cost model or the revaluation model.

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