When you acquire a long-term asset, you can include directly attributable costs to the initial measurement of its cost. |
Although IFRS define directly attributable expenses quite clearly and provide a few examples, there are many different items we are not sure about. |
Here’s some question about it |
– What are the rules for capitalizing expenses into the cost of property, plant and equipment are? |
– How to capitalize expenses for employee benefits; |
– Should you capitalize the travel expenses, insurance expenses or rental expenses? |
Find answers in answer section down
1 Answer