Intangible Assets:Research and Development - Ind AS 38 - DipIFR

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Research and Development expenditure - Ind AS 38 - DipIFR

In today's video, we are going to discuss Research and Development Expenditure under IND AS 38 that deals with intangible assets.
Research and development is basically a systematic activity that combines basic and applied research in an attempt to discover solutions to problems or to create or update goods and services.
Research phase- all the costs incurred in this phase are expensed with no reversal in the future and charged to profit & loss A/C.
Development phase- when an asset meets development stage criteria, any costs incurred thereafter are capitalized in the cost of the internally generated intangible assets.

Browse the full video to understand IND AS 38 - Research and Development Expenditure.

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-----------------------------Special Thanks --------------------------------------------
Recording Center - Takshila Learning
Faculty - Amit Kumar
Topic: Intangible Assets:Research and Development - Ind AS 38 - DipIFR
Video Length: 06:00

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Автор

FIRST TIME HEARD AMIT SIR TEACHING IN HINDI

uditrana
Автор

Salaries of researcht team be accounted for as research expenditure ? Pls clarify sir

Jsaa