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ias16

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › ias16

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • May 29, 2017 at 3:42 pm #388800
    kizrr
    Member
    • Topics: 21
    • Replies: 7
    • ☆

    Hi Mike

    Just another thought.

    Highly unlikely but lets says a scenario about football comes up and something along the line of training costs comes up.

    Could you capitalise them as most likely the football club has some sort of image rights etc

    May 29, 2017 at 3:53 pm #388801
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23352
    • ☆☆☆☆☆

    You can capitalise the costs of acquiring the training facilities but the wages of the trainer and the upkeep / maintenance of the ground would have to be expensed

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  • The topic ‘ias16’ is closed to new replies.

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