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Is it allowed to capitalised success-based fee paid for obtaining a greenfield project?

asked Jun 13, 2013 in General IFRS Discussion by anonymous

Is it allowed to capitalised success-based fee paid for obtaining a greenfield project?

success-based
fee

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answered Jun 14, 2013 by Jeremy Level 3 Member (6.2k points)

What sort of greenfield project is this? Generally you can not capitalize pre-project expenses incurred before the project is legally awarded to you.

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