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How to revise the accounting standards for the AAA paper.
any short notes on it..Also wanted to clarify the criteria for capatilize of development cost. is it a must to meet all the 6 pirate criteria or only one
n whats warranty provisions
Welcome to my AAA forum!
You shouldn’t have to “revise” per se accounting standards for AAA – since it is “assumed knowledge” – i.e. you should actually know it. I suggest you make notes for yourself of any accounting matters you come across in your AAA revision question practice that you don’t, in fact, know/remember. For anything you need to revise, you can go back to our SBR/FR notes.
As a point in hand, consider, does it make sense that only one of the criteria (for example) has to be satisfied? (The answer is all.)
Sorry, but I don’t know what your last point is asking.
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