?ntangible non -current assets

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February 27, 2018 at 6:49 pm #439259
suleymanabuzerli
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“expenditure on research must always be written off in the period in which it is incurred”.

?f research expenses belong to last year but incur in the subsequent year
?n that case ,the expenses in SOPL should be included in the last financial year?
February 28, 2018 at 9:12 am #439325
John Moffat
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They belong to the year in which they were incurred. (When they are paid is of no relevance – it is when they were incurred)
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