Question
We have a separate accounting standard, NZIAS 38, that specifically deals with intangible assets and which provides different requirements from those for property, plant and
We have a separate accounting standard, NZIAS 38, that specifically deals with intangible assets and which provides different requirements from those for property, plant and equipment (the rules for which appear in NZIAS 16). What is it about intangible assets that requires them to have a separate accounting standard? Do you think the differences in requirements are logical?
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
