How do we treat Preliminary Expenses Not Written off in Cash Flow Statement as per Accounting Standard-3(revised)?These expenses are Legal & Professional expenses and Promotional Expenses incurred during the year related to Project treated as preliminary Expenses.
3 Replies
The One
(379 Points)
Replied 16 May 2007
Hi Yogita, on the face of it - operating cash flow. Please elaborate.
(Guest)
| Originally posted by :yogita | ||
| " | How do we treat Preliminary Expenses Not Written off in Cash Flow Statement as per Accounting Standard-3(revised)?These expenses are Legal & Professional expenses and Promotional Expenses incurred during the year related to Project treated as preliminary Expenses. | " |
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