Unformatted text preview: I, G
I, R I G
G I, R, G
Supra-National Accounting Organizations
I, R, G
European Union I, R, G R, G
2I, 2R, 1R,
8R, 8G 11R, 3R,
3 I, 3
R, 1 G Increase in
Revaluation 0 0 1I 1I 1I I, R, G I R, G
1R, 1G 0 I
1I 1I, 1R, 1G 1I 1R, 3G 1G 4I, 1R, 3G 3I, 2R, 5G 4 I, 1R 4 I = Other intangible assets; R = R&D costs; G = Goodwill. If for a given entity, both the “Useful Life” column
and a maximum duration column are marked, this means that the entity concerned amortizes the intangible asset
over its useful life, subject to an upper limit.
+ formation costs.
10 years. 20 years also possible. 15 Few countries do not apply amortization to intangibles once capitalized. The general trend as
shown by table 6 is to amortize over the assets’ useful life, often subject to a legal maximum
duration of 5 or 20 years, with only the USA and Canada allowing a maximum of 40 years.
However, in some countries amortization over the economic life i...
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