IMD AS 38 Intangible Assets

I
1 Definition 2 3 Measifement
Recagn 4 Subsequent
criteria costincurred
L s

Initial Subsequent
Measurement Meas

5 Expenditureincurred a Hmortization 7 Residual 8 Useful

value life
But NoIntangible
Asset

9 Annual 10 Impairment 11 DeRecog

Review
Internally generated Intangible Asset

8m

0104 2 Immunnyi immune

1 3131 3
fired TPrototype Dev Phase
scientist µ
for
Infang Asset
Direyg.FI
Research Phase
FEB's Not certain

L
6condition met ReferconceptBook

phase started
 Coing Amalgamation
IntangibleAsset acquired as a
part of Busn

go BBviatuals bells o AK Itd PurchasingHd

Intangible
Assets CA FY PC 17 lakhs
H
software 1L 1.52 Acquire all assets a liah
license 21 31 Record at Fair value

PDE SL 71
9m
si pas si si III
cos 21 21 I
ff
Inventories
Cash 2L 22
CAFsame
slw 1st
license 31

f aka pc fam AL
E MA
Purchasedow

eg BBviatuals Sello Ak 114

Cast DIB X Sto r
self Gen
Stw
licen
Recog J flicenAkitd
can
cast
decoy

Recog

Purchased

Eg BBVietual sells o sewer

FruithAK

fgf
logo
onlybe
Tagine samsara sold
Sadak together

logo tagline
 Illus 3 LDR

Af't
Payment till 31031 1
8100,000

Flakus
forAdvt shown ForApril 1
Before
31031 1

It
311031 1 Advt Pll All Dr 7,001000
9
Prepaid Asset
PrepaidExp Asset Da 1.00.000 08 In
10 1113 800000
English
a

Y
Aprical Plc Advt Do 11 presentwhen
to Prepaid 1L J E is
not asked

1 72 Advt Exp Dil 4L

TOCIB 42

Advt Exp cannot be elf as Intangible Asset

Illus 6 CDR acquire Circus
acquire s w
Sun fd Easter in slw
outgoing
i
outgoing license
51 CA 10.000
license CA 5.00.000

Sunita Earth Itd

1 FY of sleek 520000 U license FY 500000

Stw Alc Do 5 00,000 1 licence Ale De 520000

TO license All 5,00 000 TOSIN All 10000
CA to profit Pll 510000

pref FY of Assetg up 1stpref

2 Fil ofslow MA Felof license 490000

S W All Do 490000 license All DS490000

to sw CA 10000
osson Exch PIDD8100000
2nd Profit PIL 980000
TO license cA 500000 pref

pref Fu of Assetg up
est

3 Fliot s w lianse NA
S W 500000 license Alc Dd 10000

500000 To Sho CA 10000

to license CA
3 pret
3ʳᵈpref CA of Asset
g up

ENNA of Asset g up Cash paid

acquired
CA of asset given up cash paid

a
 1131551
Indas 36 of Assets can 1.20.000
Inyffh.eu

ERIE.it ik
right 45
sell
Impairment loss I L
2.04000
PIC
Imp loss AlCDd 20000 Revised CA 24
1 1L

TOPPE Intangible 20000

Asset

Rev loss Nature Diff

Ineffe
Inflos
CA CA
q 9
RA FV
x
use sale
Illus 8 CDR
Foo the
yr X1 X2
1ˢᵗ
April to 31ˢᵗDec RP 2700 PIL
1st jan X2 to31031 2 DP 900 cap CA
1000 R.A
loss NU
Imp
3103 72
CA 2900
Chargeto PIL 2700 RP
For the
year 2 3
01.04.72 CA 900
f Dev phase 6000
31 31 6900
3
31 031 3
CA 6900
Chargeto PIL NIL

For the year 3 9

01.04 3 CA 6900 Available for use life Gyrs
less Amon 3 9 1150
31 03 4 CA 5750
31 03 74 R A 5000

750 PII
Imploss
3103 4 Revised CA 5000 Remains life5yd

31 5000
Amort1150
Chargeto Pll
I L 750
Illus 27 UTR
01 041 5 3105 75 RP 2m
01 061 5 31 031 6 DP Iom

18,00000 fell yr 12m Cohas shown I A 18L

2m RP 10m DP
1862m 12m 18410m 12m
incurred
Assume exp was
15,00000 evenlyduring the yr
3.0 000

31 31 6 IntangibleAsset CA 15.00.000
Higherof sale 780000
R.A 960000 use 96000

IL 540000

Revised CA 31.3.76 960000 ftp.cpll

AlcDa3oooa I.LCPl1
540000
AlCDa
TO Intang 890000
Asset
Owes UR

BIS Extract 31.3.20 Plc Extract 19 20

ITAssets Revfromop 10L

NCA_
EtfAnnytes
Intangible Asset qq.ae 20k

Amortization Mml 16252

Infringmentcase 7L

Celal
NetBlock
Intangible Assets Opn GB Amortization

GW 3.21 3.2L
PC 13.2 NA 101

Franchise 80L Ge 641

life54ns

Copyright 2 51 254 2.252

Clife 104ns 16.252 69 451

Note co follows fell Yr Amortizath in 1ˢᵗ yrofacquisition

Glue NeverAmortized It is only tested for Impairment Annually
Tud AS36
Ques 5
Cost 122
life 1544 54ns
Res value 721 122 60 7 SIT 1 2 line concept

Cost 121
121
ur Amoan 9612 4
C A the 11.04.000
end of yr