Intangible assets patent of branch company

Patent rights and trademark rights in intangible assets shall be accounted for according to the historical cost obtained. (1) According to the intangible assets standard, all the research expenditures of the company are included in the current profit and loss (management expenses); Expenditures in the development stage can only be capitalized if they meet the requirements, and those that do not meet the capitalization conditions are included in the current profits and losses (management expenses). Only when all the requirements specified in Article 9 of the Intangible Assets Standards are met at the same time can it be recognized as intangible assets, otherwise it will be included in the current profit and loss. If it is really impossible to distinguish between the expenditure in the research stage and the expenditure in the development stage, all the R&D expenditures incurred shall be included in the current profit and loss. (2) If the R&D expenditure incurred by the company in developing intangible assets by itself is not required to be capitalized, the account "R&D expenditure-expenditure" shall be debited; If capitalization is required, the account of "R&D expenditure-capitalized expenditure" shall be debited, and the account of "original procedures, bank deposits and wages payable to employees" shall be credited. (3) If the company purchases ongoing research and development, it shall debit the account of "research and development expenditure-capitalized expenditure" and credit the account of "bank deposit" according to the determined amount. The R&D expenditure incurred in the future shall be treated according to the above (2). (4) If the research and development project achieves its intended purpose and forms intangible assets, the account of intangible assets shall be debited and the account of research and development expenditure-capitalized expenditure shall be credited according to the balance of the account of research and development expenditure-capitalized expenditure.