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Assets

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › Assets

  • This topic has 2 replies, 3 voices, and was last updated 12 years ago by bb3008.
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  • August 30, 2012 at 10:22 am #54299
    mcdj
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    Please what would be the classification for the purchase a website/domain for a company whose cost is material?

    Also, can it be depreciated like a fixed asset and charged against P&L if classified as an asset?

    August 31, 2012 at 8:33 pm #104792
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 6
    • ☆

    Development – capitalised cost if material which amortisation can be written iff against and charged to p&l

    December 3, 2012 at 7:11 pm #104793
    bb3008
    Participant
    • Topics: 7
    • Replies: 9
    • ☆

    Where to put amortisation on Income Statement?

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