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  • Service: Audit, IFRS
  • Type: Business and industry issue
  • Date: 12/5/2012

Proposal to ban revenue-based amortisation (2012/19) 

The IASB proposes to amend IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets to state explicitly that revenue-based methods of amortisation (and depreciation) cannot be used. Under revenue-based methods, the profile of amortisation expense reflects the profile of revenues generated through use of the asset.
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