A client has produced and narratted with other actors two new e books. These are sold on sites such as Amazon, so future economic benefits will arise in terms of royalites. The rights to pubilsh these e-books could be sold or lincensced to another company. The accounts are prepared using FRS102.
Based on this would it be correct to classify orginial production costs as an intangiable assets and amortisie evenly over 5 years.