Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

initial measurement of ROUA

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › initial measurement of ROUA

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • July 10, 2021 at 2:08 pm #627368
    Jiya024
    Member
    • Topics: 168
    • Replies: 56
    • ☆☆☆

    Dear Professor,

    Whether the initial deposit is refundable or non-refundable in both cases we capitalise the amount paid as ROUA?

    thanks much!

    July 11, 2021 at 9:18 am #627422
    Stephen Widberg
    Keymaster
    • Topics: 11
    • Replies: 2837
    • ☆☆☆☆☆

    I don’t know why you would pay a ‘refundable’ deposit unless it is a security deposit.

    If the payment is to use the asset then it will be capitalised. If not it won’t.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.