IAS 16 Cost to be capitalized as PPE

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Royyyy
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Joined: 11 Nov 2022, 03:31

IAS 16 Cost to be capitalized as PPE

Post by Royyyy »

I would like to clarify the "sales agent commission" whether could it be capitalized as the cost of factory building under PPE?

I notice that brokers' commissions are eligible to capitalize as part of land cost under PPE.
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Marek Muc
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Re: IAS 16 Cost to be capitalized as PPE

Post by Marek Muc »

yes, professional fees are eligible
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