Royalty and technical know-how fee accounting standard sets uniform measurement, allocation, presentation, and disclosure rules for cost statements. Cost Accounting Standard on royalty and technical know-how fee prescribes uniform principles for determining, classifying, measuring, assigning, presenting, and disclosing such costs in cost statements. Lump-sum or one-time payments are amortised over the estimated output or benefit from the related asset, while finance costs, imputed costs, penalties, damages, subsidies, grants, incentives, and material recoveries are excluded or deducted in measurement. The standard also sets allocation rules based on traceability, units produced, units sold, or sales value, and requires separate presentation and specified disclosures.