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Will frs18 change approach to deferred costs

I currently defer costs of tracks/albums until release. Should these be charged immediately to P/L

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Should costs generated in production of music tracks and albums be deferred until  release or does frs18 change this and how?

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By Paul Crowley
19th Jun 2021 19:16

It is not new
Leave this stuff to the accountant

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Replying to Paul Crowley:
Flag of the Soviet Union
By thevaliant
20th Jun 2021 18:31

I was wondering!

FRS18 was introduced 20 years ago, and has now been withdrawn 5 years ago as its either FRS101, FRS102 or FRS105.

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Replying to thevaliant:
By Paul Crowley
20th Jun 2021 19:48

Exactly my opinion as well.
DIY research is a dangerous thing

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