capitalisation of asset
AJ (Student) (32 Points)
22 December 2008
whether e-learning modules developed by the company for the training of employess will be capitalised or not?
praveen
(Chartered Accountant)
(6971 Points)
Replied 23 December 2008
i dont think so if it is created for the sake of the company by the company.....
CA. ANKUR JAIN
(CA.....)
(2800 Points)
Replied 23 December 2008
hmmmmmmmmm................ i do agree with mr. praveen i think it should not be capitalised bcoz e -learning modules r even not permanent >....................
abhishek bhatt
(CA student)
(136 Points)
Replied 23 December 2008
i think if amt involved is heavy and it is going to benefit concern in future it must be treared as "deffered exp." and amortised every year to p/l on ration and allocation basis.
CAclubindia
