Project expenses

Dear all,

In the company where I’m working we have projects lasting for a few years. When the financial accountants make payments on the project such as training costs for our employees on the new system the expenses aren’t recognized as expenses until the project is either completed or cancelled which is the internal policy of our company. The problem is those training was implemented a few years ago and maybe the trainees have already left the company. The training costs however haven’t been written off as expenses and are stored as DEBIT COSTS. Every year we make an annual budget and we don’t take into account those DEBIT COSTS as it’s extra work to analyze every single payment which has been made but has not been written off. However one of those projects has been cancelled and expenses on the project are expected to be written off as expense. But we have not taken that training cost into account when planning budget. I would like to know whether training costs should be recognized as expenses or capitalized according to IFRS. Training is part of a project at the of which a new system is expected to be created and we will recognize it as investment.