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Should the website be capitalized?

 
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Should the website be capitalized?
Augustus
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#2
08-20-2004, 09:06 PM
Yes, the expenditure on web site development can be capitalzed, if such expnese is material and meet the criteria mention in IAS-38-intangible assets, but all other expenditures on running and maintanance should be write off in the period in which they are incurred.

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Messages In This Thread
Should the website be capitalized? - by Moon - 08-20-2004, 12:40 AM
[No subject] - by Augustus - 08-20-2004, 09:06 PM
[No subject] - by Moon - 08-21-2004, 12:20 AM
[No subject] - by Sarfaraz - 08-21-2004, 04:47 AM
[No subject] - by Augustus - 08-27-2004, 05:00 PM
[No subject] - by Moon - 09-04-2004, 10:06 PM
[No subject] - by Augustus - 09-06-2004, 02:55 AM
[No subject] - by Moon - 09-08-2004, 08:40 PM

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