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Amortisation of Development Expenditure – IAS 38

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Amortisation of Development Expenditure – IAS 38

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  • April 26, 2019 at 4:03 pm #514239
    liamcolm
    Participant
    • Topics: 24
    • Replies: 23
    • ☆

    Hello,

    Is it still the case, that capitalised “Development Expenditure” does not get amortised until commercial production of the associated product/service commences?

    Thanks
    Liam

    April 30, 2019 at 8:26 pm #514631
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7212
    • ☆☆☆☆☆

    Hi Liam,

    The amortisation starts when the asset is available for use, so it may technically start slightly earlier than what you state above as the intangible might be available for use but is not yet producing the product/service.

    This is more like something that you would see in SBR though as opposed to FR.

    Thanks

    May 2, 2019 at 5:07 pm #514801
    liamcolm
    Participant
    • Topics: 24
    • Replies: 23
    • ☆

    Super. Thanks

    Liam

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