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What is the accounting treatment for the patent expenses?

Accounting IAS IFRS Finance
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Question added by Rashad Moursi , Financial and Administrative Officer & international Business Transformer, Hotel Owner Reprs. , Investment and financial
Date Posted: 2014/05/28
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Suhail Tariq
by Suhail Tariq , Chief Financial Officer , Al-Imam Enterprises (Pvt.) Ltd.

being expense adjustable againt income, patent expense should be taken to profit and loss account over its useful life.

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