When we are incurring NRE for a customer, do we take that to the Balance Sheet and amortise it over the period of time upon customer issuing PO's? Thanks.
Accounting Treatment for NRE
Answers
In US GAAP development costs are expensed as incurred so you would need to run the costs through the P&L as they occur. iFRS gives more flexibility on this issue.
Filed Under:
FP&A