please introduce more background about development costs to be capitalized under IAS 38

Under International Accounting Standard (IAS) 38, Intangible Assets, development costs can be capitalized if certain criteria are met. These criteria are similar to those mentioned above, but IAS 38 provides more specific guidance on how to apply them. According to IAS 38, development costs can be capitalized if: 1. The technical feasibility of completing the intangible asset is demonstrated. 2. The entity intends to complete the intangible asset and use or sell it. 3. The entity has the ability to use or sell the intangible asset. 4. It is probable that the future economic benefits associated with the intangible asset will flow to the entity. 5. The cost of the intangible asset can be measured reliably. In addition to these criteria, IAS 38 also requires that the costs incurred during the research phase of a project be expensed as incurred, while costs incurred during the development phase can be capitalized if they meet the above criteria. Furthermore, IAS 38 provides guidance on how to measure the cost of a capitalized intangible asset. This includes direct costs such as salaries and wages, materials, and equipment, as well as indirect costs that can be attributed to the development process, such as rent and utilities. Overall, IAS 38 provides a framework for companies to determine when development costs can be capitalized and how to measure the cost of a capitalized intangible asset.