I have a question for you guys. We just signed a software license agreement with a firm. With this agreement we bought perpetual licenses for a group of software of the firm. In addition the agreement gives us right to get the latest version of the software in the agreement if a newer version arrives during the time of the agreement. When the agreement expires we will have right to use perpetually the latest versions of the software before the expiration of the agreement.
I know in IFRS we can capitalize …
Accounting of Software Licenses with Options