Expense vs capitalize….. How to remember it all?

  • This topic has 0 replies, 1 voice, and was last updated 10 years ago by JT.
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  • April 26, 2016 at 4:18 am #201583
    JT
    Participant

    Hey everyone…..

    I’m taking FAR again and Im having issues remembering what needs to be capitalized and what’s expensed.

    Specifically like patents, development cost, planning design and testing, construction loan interest, land cost, equipment cost, before/after detailed program design, etc.

    I have a cheat sheet I use but I’m finding it hard to remember it all. Are there useful tricks that are out there to help remember it all?

    Thank you for your input guys!!!

    REG-80-1X
    BEC-80-1X
    FAR-73-1X
    FAR-75-2X
    AUD-September 2016

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