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Category: Business
Word Count: 1948
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account receivable

The G100 policy on Accounting for Intangible Assets is that:

expenditures satisfying the definition of an asset and asset recognition criteria should be recognised as an asset irrespective of whether it is purchased or internally developed;
identifiable intangible assets should be able to be revalued if the criteria for revaluation are satisfied;
identifiable intangible assets with finite or contracted useful lives should be amortised over that life;
goodwill and identifiable intangibl

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