- This topic has 1 reply, 2 voices, and was last updated 6 months ago by
John Moffat.
John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
Hussain
- Topics: 24
- Replies: 25
- ☆
Does Capitalising development Cost Means Showing the Amount Spent under development phase As a Separate Non Current Asset in SFP
OR Show the Amount as Actual Cost of an Asset developed after R&D under Non current asset Section….. For Example As Value Of Eight door CAR in SFP
John Moffat
- Topics: 57
- Replies: 49600
- ☆☆☆☆☆
The amount of the development cost (assuming that it fulfils the conditions) is shown as a separate item under the heading non-current assets (and is then amortised).
(Although appreciate that you cannot be asked to produce an SOFP in the exam.)
Hussain
John MoffatViewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.