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J is an accounting student who is preparing a research paper onthe history of accounting for general intangible assets other thanGoodwill. During a lecture, J
J is an accounting student who is preparing a research paper onthe history of accounting for general intangible assets other thanGoodwill. During a lecture, J was told that defensive intangibleassets, if not used in R&D activities, shall be accounted for as aseparate unit of accounting. J would like to know if this treatmentwas prescribed by a pre-codification authoritative source, and ifso, which one and the date of ratification. Please assist J byproviding an answer.
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