SIR FIRST OF ALL INTANGIBLE ASSETS ARE NOT DEPRECIATED THEY ARE AMORTIZED
AS AN AUDITOR COMPLIANCE WITH as26
LIFE CAN'T BE EXCEED 10 YEARS
ASCERTAIN THAT THE PATENT HAS NOT BEEN LAPSED BY CAREFULLY EXAMINING THE RECEIPTS OF AMT. PAID ON RENEWAL INCLUDING DETAILS THEREOF
IN SHORT EXAMINE IT'S COST , VALUATION, PROPERLY AUTHORISED OR NOT, EXISTENCE & OWNERSHIP BY EXAMINING CERTIFICATES, PRESENTATION & DISCLOSURES BY EXAMINING LIST OF PATENTS & OFFICIAL DOCUMENTS ETC
IT'S BETTER TAKE WRITTEN REPRESENTATION FROM MGT.
CAclubindia
