Relation of expenses on research and development to the total amount of assets of the company. It is necessary to consider that application of a method of a delay demands big expenses of time, and also costs of the expensive annual review of projects. This fact should be taken into account in case it can lead to essential changes of data on accounts.
The enterprise is not obliged to publish this information if it is inaccessible or can cause damage to the enterprise. In that case the reason according to which the enterprise did not make disclosure of information, has to be stated in the note.
SFBU 13 gives a striking example of that the Committee on accounting standards solves a problem of a choice of a method of the accounting of costs of the research and development put before accountants. PPFO 14 provides obligatory application of a method of write-off for all companies, PPFO 17-application of a method of a delay for a number of the companies while SFBU 13 resolves a choice between these two methods.
For accounting one of methods of the accounting of costs of research and development has to be chosen. The reason of a choice of this method has to be explained. The movement on accounts of the delayed expenses on research and development and data on the remains for the beginning and the end of the period have to be opened. The delayed expenses on research and development have to be reflected in balance as intangible assets.
For the companies which are not relating to category described in SFBU 13 which need to provide interpretation of costs of research and development, application of a method of write-off is more preferable since this method does not demand full and detailed disclosure of expenses in comparison with a delay method.
The reconsidered SFBU 13 also includes the requirement of disclosure of the total of expenses on research and development reflected in the profit and loss account. The analysis of the expenses made in the current period and quantities of the delayed expenses on scientific researches and the development which is written off during this period has to be carried out. This requirement of disclosure is not applied, if:
The planned level of the income has to exceed total of the research expenses carried to expenses of future periods, and also all possible further expenses on research and development, the expenses connected with production, administrative and business expenses;
In a case when for commissioning of fixed assets additional expenses of time are required, software 51 offers a choice: to consider or not expenses on loans. The detailed explanation of that has to be given, properly identify similar expenses.