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SIC 32 Intangible Assets – Website Costs

Published March 2002. Effective 25 March 2002.

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SIC 32 concludes that an entity’s own web site that arises from development and is for internal or external access is an internally generated intangible asset that is subject to the requirements of IAS 38.

The interpretation identifies four stages of the development of a website and clarifies the accounting treatment of costs at each stage:

  • Planning costs should be expensed as incurred;
  • Subject to certain conditions, costs associated with the application and infrastructure development stage should be capitalised as an intangible asset
  • Content development costs should be expensed as incurred
  • Operating costs should be expensed as incurred 

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Annual period starts
Effective version of standard
Notes on amendments 
On or after 1 January 2020 SIC 32 2021 Required Standards  
Includes amendments 1 - 3
1 January 2019 – 31 December 2019 SIC 32 2019 Required Standards
Includes amendments 1 and 2
1 January 2018 – 31 December 2018
SIC 32 2018 Required Standards
Includes amendment 1

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For the latest version of the standard, and where amendments (including IFRS 9) are to be adopted early, refer to SIC 32 2021 Required Standards.

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