02-12-2009, 05:55 PM
02-12-2009, 06:01 PM
Dear,
I am sorry but the query raised by you cannot be understood properly.
Would you like to explain what do you want to know? There is a thread on this forum regarding pre-operting expenses, you can go through that thread as well.
Regards,
KAMRAN.
I am sorry but the query raised by you cannot be understood properly.
Would you like to explain what do you want to know? There is a thread on this forum regarding pre-operting expenses, you can go through that thread as well.
Regards,
KAMRAN.
02-12-2009, 08:18 PM
Dear Kashif
Pre operating expenses are also known as Pre Commencemetn Expenditures and preliminary expenses . I don't know their treatment under IFRS but according to I. Tax Ordinance 2001 the Pre Commencment Expenditure shall be amortized @ 20% per year by using straight line method.
Regards
Awais Aftab
Pre operating expenses are also known as Pre Commencemetn Expenditures and preliminary expenses . I don't know their treatment under IFRS but according to I. Tax Ordinance 2001 the Pre Commencment Expenditure shall be amortized @ 20% per year by using straight line method.
Regards
Awais Aftab
02-12-2009, 09:32 PM
Please see following link
http//www.accountancy.com.pk/forum/topic.asp?topic_id=5233
Regards,
http//www.accountancy.com.pk/forum/topic.asp?topic_id=5233
Regards,