How are intangible assets reported? Are costs incurred to create or produce internally generated intangible assets expensed

Question:

How are reported? Are costs incurred to create or produce internally generated expensed as in business? If not, under what circumstances are they capitalized?

Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...