Hello,
in OT notes of chap 7 intangibles Example 2, it is mentioned investigating phase is a research phase so it goes into SPL but my qusetion is its also says in quest that future feasability of a product is guranteed, which met the criteria to capitalised that research cost.
please clear me if im wrong.
Thanks
Ask the Tutor ACCA FR
intangibles
7y ago#1Hi,
It is only once we have found that it is feasible in the future that any further costs can be capitalised, and costs previously expenses cannot be subsequently capitalised and will stay as written off through profit or loss.
Thanks
Sign into reply to this topic.