Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

Fluctuation Loss or Gain are booked in the Profit or Loss Account, is it is possible to book as capitalized? answer with Company's act as well as IAS?

user-image
Question ajoutée par Sharif Muhammad , Senior Principal Officer , Ansar-VDP Unnayan Bank
Date de publication: 2015/02/18
Nouman Mustafa
par Nouman Mustafa , Finance Manager (Financial Planning & Reporting) , Saudi Arabian Airlines

Loss or gain can never be capitalized as it only hits SOCI commonly known as profit and loss statement. There is no specific IAS for fluctuation loss or gain however the accounting treatment is the same as receiving rental income or royalty income or paying up for losses incurred on disposal of asset or investment.

More Questions Like This