08-27-2010, 02:56 AM
Dear Brother!
Thanks for the information. Can you please quote the relevant IAS or any other rules regarding charging the preliminary expenses to P & L in same year without deffering it.
I will be waiting.
Best wishes
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by ciapk</i>
<br />Dear Israr,
All such expenses would be charged to P & Loss account as and when these are incurred, deferred expenses are no more allowed.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Thanks for the information. Can you please quote the relevant IAS or any other rules regarding charging the preliminary expenses to P & L in same year without deffering it.
I will be waiting.
Best wishes
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by ciapk</i>
<br />Dear Israr,
All such expenses would be charged to P & Loss account as and when these are incurred, deferred expenses are no more allowed.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">