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    mauritioo's Avatar
    mauritioo Posts: 2, Reputation: 1
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    #1

    Apr 14, 2009, 01:59 AM
    Pre Operational Expenses
    How long do we keep pre operational expenses, then what do we do with these ?
    mauritioo's Avatar
    mauritioo Posts: 2, Reputation: 1
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    #2

    Apr 14, 2009, 02:00 AM

    I am not sure that we depreciate them but I think we need to capitalise them ? Then how do we write them off ?
    2121osun's Avatar
    2121osun Posts: 1, Reputation: 1
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    #3

    Apr 14, 2009, 05:32 AM

    This are expenses incurred prior to incorporation. Subject to management decisions, it could be written off in the first year of commencement of operations , or immortalized in the books, or capitalized and written off over a period of years reasonably determined by the management.

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