March 23, 2019

Archives for November 2017

How do you account for a new idea in external financial statements (part 2)

Tangible or intangible asset – does it matter? In the first blog in this series, I discussed the issue of distinguishing capital from revenue expenditure in a set of accounts when accounting for an entrepreneur’s idea. Now I am going into a bit more detail at what the entrepreneur has actually spent his money on […]