CTHRepealedLegislation
AASB 138 - Intangible Assets - July 2004
Assessing the Useful Lives of IntangibleAssessing the Useful Lives of Intangible Assets
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Assessing the Useful Lives of Intangible Assets
The following guidance provides examples on determining the useful life of an intangible asset in accordance with AASB 138.
Each of the following examples describes an acquired intangible asset, the facts and circumstances surrounding the determination of its useful life, and the subsequent accounting based on that determination.