The Confederation of Indian Industry (CII) has called for a comprehensive review of the recognition and accounting of ...

Amortization of intangible assets refers to the systematic allocation of the cost of intangible assets – non-physical assets such as patents, trademarks, copyrights, or licenses – over their ...

Intangible assets include franchise rights ... However, the research and development costs of internally generated patents, no matter how valuable, are expensed as they occur.

CII calls for review of accounting standards to recognize intangible assets, crucial for India's digital economy growth.

The Confederation of Indian Industry calls for a reassessment of intangible asset recognition and accounting in India's ...