State the recognition criteria for intangible assets

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With respect to AASB 138 Intangible Assets, answer the following:

Question i. State the recognition criteria for Intangible assets

Question ii. State intangible assets which are specifically excluded to be recognised as intangible assets as per paragraph 63 of AASB 138 Intangible Assets.

Question iii. Describe the amortisation and impairment requirements for certain identifiable intangible assets including goodwill.

Reference no: EM132700235

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