IASB commences comprehensive review of accounting for intangibles

IASB commences comprehensive review of accounting for intangibles

The IASB will commence its comprehensive review of accounting requirements for intangibles, which was identified as a high priority project during the IASB’s Third Agenda Consultation.
The project will assess whether the requirements of IAS 38 Intangible Assets remain relevant and continue to fairly reflect current business models or whether the IASB should improve the requirements.
The announcement by the IASB may be accessed here.