11 February 2021
Company has incurred below pre-operative expenses which is lying in respective CWIP recently so after commercial production start how it should be treated in books of accounts as per IND AS for capitalisation and in how many years it should be amortised/depreciated.
A) Trial Run Expenses B) Travelling & Hotel Expenses of professional/Technical Consultant For Production C) Technical consulting Expenses for Machinery D) Training Expenses for Mass production E) ECB Interest capitalization F) Pre-Operative Salary G) Consumable items purchase for Machinery Production
CAclubindia
