20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

Capitalization of expenses

This topic has 1 reply, 2 voices, and was last updated 10 years ago by 3mr.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
April 22, 2014 at 12:28 pm #165899
Gyanu
Participant
- Topics: 5
- Replies: 0
Can we capitalize lunch expenses of software developer in in cost of software?
April 22, 2014 at 1:09 pm #165905
3mr
Participant
- Topics: 24
- Replies: 39
No, this expense isn’t directly attributable to the asset, unless there is a law or a policy for providing this type of expenses. I don’t think that you should capitalise expenses spent just because you are generous .
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.