Amortization on intangible assets
This query is : Resolved
20 November 2023
whether Amortization of an Intangible Assets is depends upon Finite useful life or Indefinite useful life. which AS says.
21 November 2023
Finite useful life.
This AS adopts a presumption that the useful life of intangible assets does not exceed ten years. In some cases, it would be longer than ten years.
This AS adopts a presumption that the useful life of intangible assets does not exceed ten years. In some cases, it would be longer than ten years.
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