How can customer loyalty be recognised as intangible assets under IAS 38.. because the entity can not control the actions of its customers which is against recognition criteria under IAS 38
Please ,the cost of generating an intangible asset internally is often difficult to distinguish from the cost of maintaining or enhancing the entity’s operations or goodwill. For this reason, internally generated brands, mastheads, publishing titles, customer lists, and similar items are not recognised as intangible assets. The costs of generating other internally generated intangible assets are classified into whether they arise in a research phase or a development phase. Research expenditure is recognised as an expense. Development expenditure that meets specified criteria is recognised as the cost of an intangible asset. I got confused giving Customer List as an example of intangible assets ... Can you please help me understand better. Thanks
Thank you Mr. Sir. I don't know what some of us would have done without your videos. Extremely helpful.
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thank you FOG accountancy tuturials. You are among the best facilitators on this platform
I really appreciate his tutorials, very simple to understand and apply
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You are good, from zambia I really appreciate you.i will clear my advanced financial reporting no matter what
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FOG Accountancy tutorials, you are number one ☝️ May God bless you sir Felix 🙏
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Good stuff very useful information now waiting for part 3
Thank u sir for your hard work, may the lord bless u, l kindly beg for ur service on IAS 40 PART 3 and IAS 36 PART 3. THANK YOU
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Thank you sir may GOD reward you with goodness.please sir I need IAS one to six explanation
greetings Mr. Felix & team, thanks for this tutorial, i have really learnt a lot from you.
My take home is "amortization is the brother of depreciation but in different jurisdiction." hahaha u were born to teach bro..
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Greetings boss. Thank you for all your videos. Very educative. Can we please have a tutorials on PSA Public Sector Accounting
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How can customer loyalty be recognised as intangible assets under IAS 38.. because the entity can not control the actions of its customers which is against recognition criteria under IAS 38
Great job done sir
Many thanks, Felix🙏
You are marvellous❤
God bless you so much🙏🏿 1:12
Thank you sir . Your helping us . But Ias 37 😭😭 please ooo
Sir. Please do video of capital reconstruction scheme
thanks sir. God bless
Please with the recognition criteria, can you add that it should be non monetary with the intangible assets regulated by IAS 38?
Please ,the cost of generating an intangible asset internally is often difficult to distinguish from the cost of maintaining or enhancing the entity’s operations or goodwill. For this reason, internally generated brands, mastheads, publishing titles, customer lists, and similar items are not recognised as intangible assets. The costs of generating other internally generated intangible assets are classified into whether they arise in a research phase or a development phase. Research expenditure is recognised as an expense. Development expenditure that meets specified criteria is recognised as the cost of an intangible asset.
I got confused giving Customer List as an example of intangible assets ... Can you please help me understand better. Thanks
Thnx u so much... blessings
please do you have a video om IAS 37?
Good morning sir, thanks for the great job, please how can one reach you for further information?
Sir please also discuss IFES 15
Thanks sir❤
God bless you Sir
Sir please can social media account be part of intangible asset?
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Jah bless you 🙏🙏🙏✨
Thank you so much
Waiting for IAS 37 please 😢
Thanks a lot❤
Please can you teach on AAA for ACCA student
Thank you sir
Thanks FOG
Don't crypto assets fall under intangible assets?
But banange were can we get the part 3 IAS 40, AND IAS 36😢
Please IFRS 3
F
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Thnx alot we really appreciate
Great work 🙏🏼 Please your number is not on WhatsApp.
Sir please can social media account be part of intangible asset?