The purpose of this factsheet is to provide guidance on the accounting and disclosure of accounting for intangible assets within statutory financial statements. This factsheet will consider the provisions within
the Companies Act 2006 and the accounting and disclosure requirements within the related accounting
regulations, FRS 10 Goodwill and Intangible Assets, FRS 11 Impairment of Fixed Assets and Goodwill, SSAP 13 Accounting for Research and Development, Financial Reporting Standard for Smaller Entities
2008 (FRSSE 2008), FRSSE 2015 and Financial Reporting Standard 102 (FRS 102) The Financial Reporting Standard Applicable in the UK and Republic of Ireland.