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Get Ias 38 Intangible Assets Ppt

Ngible assets with finite useful lives 7. Intangible assets with indefinite useful lives 8. Impairment 9. Retirements and disposals Definition of Intangible Assets An intangible asset is an identifiable non-monetary asset without Identifiability physical substance. An asset is a resource: a) controlled by an entity as a result of past Control events; and b) from which future economic benefits are expected to flow to the entity. Future economic benefit Monetary assets are money held a.

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