Skip to content
Sign inRegister

Ask the Tutor ACCA FR

development expenditure

Jjatinkalra15y ago
sir
if the profit from the expenditure we are doing on development is expected to be lower than its cost...then will we capitalize the expense or not?
regards
jatin
MikeLittleMikeLittleTutor15y ago#1
Extent of deferral should be restricted to the amount which we will assuredly recover. Any excess expenditure beyond assured recovery should be expensed
Sign into reply to this topic.