Why this is mistaken
Demand a class-by-class rollforward and cash/noncash bridge. The net movement is the result to explain, not the explanation itself.
Where to watch
When this mistake may appear
- Only opening and ending net intangible balances are initially presented.
Check your work
Your work may contain this mistake if:
- This mistake labels the net increase as capital expenditure or the net decrease as disinvestment.