1. The project should be accounted at an historical cost basis that is at the ORGINAL COST which was acquired by the company
AS 38 covers the Intangible assets which includes patents , copy rights where the cost of the assets need to be measured in reliable manner , only at acquistion cost
Task Details: Technology Enterprises Ltd, a listed company, commenced a research and development (R&D) project in July 2017 to modify the method of recharging batteries used in its products....
How can we assess whether a project is a success or a failure? This case presents two phases of a large business transformation project involving the implementation of an ERP system with the aim of creating an integrated company. The case illustrates some of the challenges associated with integration. It also presents the obstacles facing companies that undertake projects involving large information technology projects. Bombardier and Its Environment Joseph-Armand Bombardier was 15 years old when he built his first snowmobile...