Growth Horizons Pty Ltd is a group that has two subsidiaries, one subsidiary was started from scratch and has grown to have strong reputation, and as a result it now has internally generated intangible assets such as patents, trade mark and computer software. The other subsidiary is an acquired one which as a results has intangible assets that were inclusive in the acquisition of the business. As an Accountant you are called to assist this business in the recognition of intangible assets in terms of IAS38. In light of the scenario provided above. Provide the distinction between Internally generated and acquired intangible assets in compliance with IFRS3 and IAS38