05-26-2003, 06:56 PM
<font face='Arial'>
AOA
I want to solicit opnion on the implementation of IAS 38 and particularly, its provision of expensing out startup costs. However, ICAP TR-20 suggests capitalization of the same (under the heading indirect charges), which is contradictory to IAS. Any comments would be welcome.
Regards
Kashif Mehmood
</font id='Arial'>
AOA
I want to solicit opnion on the implementation of IAS 38 and particularly, its provision of expensing out startup costs. However, ICAP TR-20 suggests capitalization of the same (under the heading indirect charges), which is contradictory to IAS. Any comments would be welcome.
Regards
Kashif Mehmood
</font id='Arial'>