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Preoperative expenses (Accounts)

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This query is : Resolved

( Author )
29 March 2009

Which AS deals with preoperative expenses?can anyone provide the guidance note on preoperative expenses issued by ICAI?

Member (Account Deleted)

( Expert )
29 March 2009

There is no AS which deals with pre-operative expenses.

The guidance note on Expenditure during Construction period deals with the treatment of pre-operative expenses.

It has been withdrawn by the institute and is subject to revision.

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