Deferred expenses vs prepaid expenses as per ifrs and indas


Senior Executive accounts

Hi can anyone help me with below.

difference between below, 

Deferred Expenses vs Prepaid expenses as per IFRS and INDAS, There accounting treatments

like: Non- current (deferred exp ) & Current assets (prepaid exp) as per standards ? or this is just a general practice 

 
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the benefit derived from prepaid expense can be precisely known to the entity... while in deferred expense the benefit is to be estimated..
 
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Senior Executive accounts

HI Rahul

Thanks for revert but i'm looking for below.

There accounting treatments

like: Non- current (deferred exp ) & Current assets (prepaid exp) as per standards ? or this is just a general practice 

 
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