Syllabus D6

Intangible non-current assets and amortisation 3 / 3

a) Recognise the difference between tangible and intangible non-current assets.
b) Identify types of intangible assets.
c) Identify the definition and treatment of “research costs” and “development costs” in accordance with International Financial Reporting Standards.
d) Calculate amounts to be capitalised as development expenditure or to be expensed from given information.
e) Explain the purpose of amortisation.
f) Calculate and account for the charge for amortisation.