Capitalize or charge out

[Schuaeb]

Dear Kamran,

I am really thankful for this detailed reply. However, I would like a bit more clarification regarding your following lines.

<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by kamranACA</i>
<br />Only some transition provision ould be helpful to avoid such on spot adjustments as were specified for capitalization of exchange differences and deferred cost already recognized etc.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

What are these transition provisions for already recognized deferred cost? And I think application of IAS 8 is required in this case for listed as well as unlisted companies. I am not very sure what do standards for MSEs say in this regard.

Thanks once again for your kind consideration


Regards
Shoaib