Internally Generated Intangible Assets – IFRS and CPC

Intangible assets are valuable resources for companies, although they are not always visible or tangible like machinery or equipment. Instead, they encompass non-physical elements such as trademarks, patents, software, know-how, and more. When these assets are developed internally by companies, they fall under the category of “internally generated intangible assets.” In this article, we will…

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Effective collection policy

An effective collection policy is a set of guidelines and strategies that a company or organization implements to ensure timely and complete receipt of outstanding payments from customers. An effective collection policy is crucial for maintaining a healthy cash flow and minimizing delinquencies. Here are some common practices that can be adopted as part of…

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