Should early settlement discounts be included in the value of stock?
Also, should a bank arrangement fee incurred in securing finance to buy a freehold be included as part of the cost of the fixed asset.
Slight difference of opinion in the interpretation of SSAP 9 and FRS 15.
Can anyone please clarify.
MP
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FRSSE (2005 )
Can I find a specimen or model set of Financial Accounts on this web-site or any other source?
All information thankfully accepted.
John.W