June 2013 Exam Q3 Monty

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
April 29, 2018 at 2:50 pm #449341
suewalker2605
Member
- Topics: 6
- Replies: 4
Can you please explain why the amortisation of the deferred development expenditure is added and not subtracted?
April 29, 2018 at 6:06 pm #449362
MikeLittle
Keymaster
- Topics: 27
- Replies: 23369
Because amortisation of an intangible asset is the equivalent of depreciation of a tangible asset … and depreciation is added back as a non-cash expense.

And so is amortisation

OK?
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘June 2013 Exam Q3 Monty’ is closed to new replies.