Carry
The shape of a carried asset
Once recognised, a token-built intangible behaves like any other finite-life asset: it enters at cost, amortises over a defensible life on a basis that reflects consumption of benefit, and is written down if an impairment indicator bites. What makes it distinctive is speed. The underlying model may be obsolete within a year, which pulls useful life short and makes impairment a live risk rather than a remote one.
The pages in this phase
What enters cost, and the start and stop dates for capitalisation.
Defending a finite life for an asset obsolete in 12 to 18 months.
Straight-line vs units-of-production vs declining-balance, and the pattern-of-benefit test.
When the default method is defensible for capitalised AI.
A profile keyed to forecast token consumption.
The IAS 36 indicators unique to fast-depreciating AI models.
Deprecation as an impairment indicator, and how to evidence the review.
A superseding model or price collapse as a trigger.
Value in use and fair value less costs of disposal for a model asset.
Why residual value for an AI intangible is usually zero.