01-07-2006, 12:10 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Muhammad Zahid</i>
<br />It has been seen that in case of non profit organisation most of the organisation treat their capital expenditure as revenue expenditure and expense out that amount in the year it is purchased is it a fair treatment? if not what are the implication of this treatment in terms of local law & regulations and IAS.
Zahid
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AoA
Can you give specific example of the situation quoted by you? Please explain.
ICAPians, the unparalleled..
<br />It has been seen that in case of non profit organisation most of the organisation treat their capital expenditure as revenue expenditure and expense out that amount in the year it is purchased is it a fair treatment? if not what are the implication of this treatment in terms of local law & regulations and IAS.
Zahid
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
AoA
Can you give specific example of the situation quoted by you? Please explain.
ICAPians, the unparalleled..
