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Forensic Accounting

can building painting capitalized and depreciated

painting amount is a material amount and frequency   of painting once in three years .if it is charged to p/l will impact the profits

asked Jan 10, 2016 in General IFRS Discussion by anonymous

1 Answer

0 votes
Painting is simply maintenance work. If you are painting for the first time, then you can capitalize it.
answered Jan 10, 2016 by Mysio Level 5 Member (21,110 points)