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May an entity capitalize the antivirus license with 3-year period?

But what if the license is for 3-year period? Are there any obstacles for capitalizing it as an intangible asset?

asked Jul 14, 2016 in IAS 38 - Intangible Assets by Serhii Level 1 Member (1,500 points)

1 Answer

0 votes
Yes i think you can and there is no provision which prohibits it.
answered Jul 14, 2016 by Tina Level 5 Member (11,560 points)
Despite the fact that the company doesn't have the full ownership over the license (the company can't resell it)?