CERTYNEX IFRS ACADEMY

A services group holds the following intangible assets with a finite useful life. For which one may it use a non-zero residual value?

In-house payroll software, designed solely for its own needs and with no potential buyer identified.

A transferable taxi licence, traded on an active market by reference to which its residual value can be determined and which should still exist at the end of its use.

A secondary brand that management hopes to sell one day to a competitor, with no contact made so far.

A patent for which preliminary disposal discussions are under way, with no commitment from the buyer.