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Auditor's Remuneration treatment before commercial productio

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2010 Hi, i would like to know, in case of a new company which has not start its commercial production, than admin expenses like salary, etc. & auditor's remuneration will be booked under what? how it will be presented in financial statement?
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Rasesh

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Rasesh (Expert)
20 July 2010 They can be booked under pre-operative expenses which can be capiatlised when the commericial production starts.

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