The software will be used to assist in interpretation of geological data and will last for more than two years.
In the USA, yes that cost would be capitalized and depreciated over the useful life.
Not sure about the rules in the UK though... but I bet it's the same.
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In the USA, yes that cost would be capitalized and depreciated over the useful life.
Not sure about the rules in the UK though... but I bet it's the same.