CERTYNEX IFRS ACADEMY

For each class of intangible assets, IAS 38 requires the information to be presented by distinguishing two subsets of assets. Which ones?

Assets amortised on a straight-line basis and those amortised using another method.

Internally generated assets and other assets.

Assets denominated in local currency and those denominated in foreign currencies.

Assets whose value exceeds a materiality threshold and low-value assets.