CAT / FIA FFA Syllabus D. Recording Transactions And Events - Disclosure notes - Notes ^{7 / 7}

Disclosure note for intangible non-current assets

For each class of intangible asset, disclose

• useful life or amortisation rate

• amortisation method

• gross carrying amount

• accumulated amortisation and impairment losses

• line items in the statement of profit or loss in which amortisation is included

• reconciliation of the carrying amount at the beginning and the end of the period showing: 

  o additions (business combinations separately) 
  o assets held for sale 
  o retirements and other disposals 
  o revaluations 
  o impairments 
  o reversals of impairments 
  o amortisation 
  o foreign exchange differences 
  o other changes

• basis for determining that an intangible has an indefinite life

• description and carrying amount of individually material intangible assets

• certain special disclosures about intangible assets acquired by way of government grants

• information about intangible assets whose title is restricted

• contractual commitments to acquire intangible assets

Additional disclosures are required about

• intangible assets carried at revalued amounts

• the amount of research and development expenditure recognised as an expense in the current period