Dear IFRS Experts,

Could you please give your opinion on the following:

1. Computer softare is to be considered as Intangible Assets or PPE 2. Which type of computer software can be capitalized / expensed out

Whether following type can be capitalized or expensed out

Adobe Writer
AutoCAD 3D Max
AutoCAd lite
Server Monitrong Software
Performance & Process Management Application Document Management System Data Cleansing HelpDesk System

IAS -38 states capitalization criteria •it is probable that the future economic benefits that are attributable to the asset will flow to the entity;

In that case a company in normal course of business not related to computer softwares can not have economic benefits from these softwares and should be expensed out.

Thanks in advance