Intangible Fixed Assets
Recognising the importance of intangible fixed assets, this new category has been specifically provided with sub-classification in the notes as below :
- Goodwill
- Brands/trademarks
- Computer software
- Mastheads and publishing titles
- Mining rights
- Copyrights and patents and other intellectual property rights, services and operating rights
- Recipes, formulae, models, designs and prototypes
- Licenses and franchise
- Others (specifying nature)
Other requirements are similar to those relating to tangible fixed assets.
