What is the difference between IAS 38.57(c) and IAS 38.57(d)?

Question

Hey.

Sorry, for my english - it's not really good.

I'd like to know the difference between the IAS 38.57 c and d. For me it is the same.

Thanks

Answer 1

(c) its ability to use or sell the intangible asset.

(d) how the intangible asset will generate probable future economic benefits. Among other things, the entity can demonstrate the existence of a market for the output of the intangible asset or the intangible asset itself or, if it is to be used internally, the usefulness of the intangible asset.

Both look very similar to me. If you fulfill (d), (c) would be automatically fulfilled.

Comments

Thank you! I think the same. Is something like that typical or why does this the IASB?

Do you know if this is written in any research paper or book?

"Both look very similar to me. If you fulfill (d), (c) would be automatically fulfilled."