Research and development costs disclosure

The financial statements should disclose the following for capitalised development costs:

• the amortisation method used and the expected period of amortisation
• a reconciliation fo the carrying amounts at the beginning and end of the period, showing new expenditure incurred, amortisation and amounts written off because a project no longer qualifies for capitalisation
• amortisation during the period.

In addition, the financial statements should also disclose the total amount of research and development expenditure recognised as an expense during the period.

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3. Disclosures relating to share capital
4. How to identify the company has sufficient cash?
5. Revenue disclosure