1 The objective of this Standard is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Standard. This Standard requires an entity to recognise an intangible asset if, and only if, specified criteria are met. The Standard also specifies how to measure the carrying amount of intangible assets and requires specified disclosures about intangible assets.
2 This Standard shall be applied in accounting for intangible assets, except:
- intangible assets that are within the scope of another Standard;
- financial assets, as defined in IAS 32 Financial Instruments: Presentation;
- the recognition and measurement of exploration and evaluation assets (see IFRS 6 Exploration for and Evaluation of Mineral Resources); and
- expenditure on