Business, 01.12.2020 16:20 kaleyf96

When a patent or trademark is acquired in a business combination, what does IAS 38 say about recording these intangibles? a) If they had not been previously recorded as separate assets by the acquired company, they should always be recorded as "Goodwill" on the balance sheet of the company acquiring them.
b) The cost of the intangibles should be expensed by the acquiring company on the merger date.
c) They should be recorded as separate intangible assets only if their useful life is indefinite.
d) They should be recorded as separate intangible assets if their fair value can be reliably measured.

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