Advance notice: MyCIMA will be unavailable 19–23 April.
Please be aware that as of Monday 3rd April 2023 the ability to register as a new CIMA Candidate or re-activate your CIMA account has been suspended and will not be available until Tuesday 3rd May.
There will be a scheduled maintenance on Saturday, 1st of April at 17:30 BST to Sunday, 2nd of April at 9:00 BST. Users can still access MyCIMA to schedule or start an Exam but other MyCIMA services will not be available. Users will not be able access Study Planner, CGMA Store,, and Competency and Learning. In the meantime, we apologize for any inconvenience caused.

Oct 2010

SLAS 37: Intangible assets

We frequently come across resources which have no physical substance but seemingly create value to entities.

Companies often use significant funds to acquire, develop, maintain or enhance resources such as technical know-how, the design of new processes or systems, licences, intellectual property, market knowledge and trademarks which create value in terms of customer loyalty, market share, marketing rights, etc.  

But do all of the above, that we consider intangible and create value, constitute an intangible asset?

Well, in a layman’s term ‘Yes’, but all of the items above are not recog\anised as intangible assets according to accounting standards. 

SLAS 37: Intangible assets