[lampy44]

I am struggling with what to capitalize vs what to expense for intangibles. Could someone break it down for me in maybe a simpler way than Becker. I dont know why but Becker is just not sticking in my little brain right now. Thanks!

[M123]

Scenarios like this are a great time to create a matrix. I like a 2 column matrix for the scenario and treatment. Then you end up with like 5 to 10 rows of “rules” (easier to create than a decision tree) and you can then visualize what the big picture is.

I just reviewed one of my full books on the subject and had surprisingly little. Ninja Notes had the best overview of any of my notes or the notes I had in a full manual. Do you have Ninja Notes by chance?

I would not deign to try to recap at the moment since it's been a fortnight since my exam but I would consider in a matrix:

Make vs. buy
Revaluation for finite life
Successful v. unsuccessful defense
Any diffs in IFRS v. GAAP and those do show up on the “prep material”.

Others will likely have input on the various considerations.

[Author]

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