RR15 Intangible Assets.
The recommendation means that development costs recognized as assets when it is identifiable, control is held and that it expected to provide future economic benefits. Furthermore, activated development costs only if it is technically and financially possible to complete the product and that the intention is to sell the finished product, and to determine the value of a reliable way. The development includes further development of existing software for real-time operating, and the development of new products. Costs of ongoing maintenance and further development of existing software, that do not meet requirements of the Recommendation on the activation, expensed. Development of new products accounted for as capitalized development costs when the above criteria are met and are amortized on 5 year.