To capitalized accounting software should we include the training cost in the cost of asset?

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To capitalized accounting software should we include the training cost in the cost of asset?

2007-12-13 07:07:15 · 2 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance

2 answers

No. You should charge that portion off to training expenses.

2007-12-15 01:40:11 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋

The International Accounting Standards says that

All the cost required to bring the equipment in operation as intended by the management is to be included in the cost of equipment.

2007-12-13 15:44:08 · answer #2 · answered by asadlarik3 2 · 0⤊ 0⤋