AS 26 on Intangible Assets
In the video clip titled QnA 2, Satyaraghu Sir has discussed about the PV of benefit over future economic life for the development expenditure. But when and where did he discuss same while explaining about the Development Phase Expenditure?
Is you question: 1) When did he explain PV of cash flow over economic life (in the Q&A)? - He explained In the solution to the question in part one where he says multiply Cash flow with PV factor, or 2) When did he explain in the accounting standard ( not in Q&A) ? in development phase 1, he spoke about ascertaining the probable economic benefit generated from the asset in future - 7.30 in video Development phase 1. We added the Q&A only so that you can understand that specific concepts he explained in Development Phase 1