about R&D

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October 15, 2019 at 6:23 pm #549674
annikahi
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Dear professor:
I have two question when I study the law.
1. Why people say R&D project can be capitalized or it is an expense costs? Can you explain this to me?
2. What is the meaning of provision, accruals, accrued expenses and accrued revenues?

Thank you so much
Annika
October 16, 2019 at 9:52 pm #549810
MikeLittle
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Annika, I’m not sure why you think that I should be able to answer this post on the Ask ACCA Tutor Forum for the Law paper!

Maybe better to try John on the earlier accounts paper or Chris on the later accounts paper

OK?
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