Hey guys,
my name is Michael and I am a Business student from Germany. I am currently writing my thesis about the of football players according to german accounting practises.
Everything is going smoothly so far. However, I can't find any article or source that deals with the capitalization of all costs regarding youth players development. Therefore, I wanted to gain an understanding of how such costs are capitalized according to IFRS standards.
Does anybody of you has a good source for me, or a hint? I am specifically looking for a way of seperating Research form Develeopment Costs in youth football (or any other form of sports), i.e. training.
Any help is much appreciated!
Best Regards
Replies (1)
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Soccer Accounting
Try this link for size.
It may not be exactly what you want and it is a bit old but should give you
food for thought.
http://pastie.org/paste/asset/283954/Accounting__Valuation_and_Duration_...
Tony Margaritelli - Chair ICPA