can anyone please guide me if there are any guidelines as to establish
date of commercial production in a manufacturing concern in IFRS.
thanks and regards
I assume you are inferring to either intangible assets.
There is no specific guidance as to this date.
However, it is not unusual to assume the date of commercial production
to be the date (month) in which the first commercial orders are
processed in relation to the intangible.
My query is regarding trial run expenditures in a manufactuing
concern. Till when can the trial run expenditures be capitalised in a