Intangible Assets

Started by jeff4757 · Jan 31, 2013 · 1 replies

  1. j

    jeff4757

    Jan 31, 2013 · 13y ago

    Original post

    Can an intangible asset be billed on a CPFF contract? My understanding of intangible assets is there are no costs to generate revenue and therefore cannot be billed.

    The item to be invoiced are software licenses.

    any feedback is appreciated.

    Thank you!

  2. G

    Guest Vern Edwards

    Jan 31, 2013 · 13y ago

    Have you read the DCAA Audit Manual, Sec. 7-1705.2?

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