02-10-2010, 05:12 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Dard</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by awaisaftab</i>
<br />As per IAS-16 your treatment is right. The cost of registration of vehicles is material in many cases. Beside it the capitalization of registration is as per GAAP.
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Noor said the company does not capitalise the vehicle registration charges. So the treatment is not right
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Probably, Awais might have said about your comments to be true.
He has not taken the name afterall.[8D]
Think 10 times before posting, since these are to be gone through by the public at large.[)]
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by awaisaftab</i>
<br />As per IAS-16 your treatment is right. The cost of registration of vehicles is material in many cases. Beside it the capitalization of registration is as per GAAP.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Noor said the company does not capitalise the vehicle registration charges. So the treatment is not right
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Probably, Awais might have said about your comments to be true.
He has not taken the name afterall.[8D]
Think 10 times before posting, since these are to be gone through by the public at large.[)]