What is NAS No. 11?
Also known as: Research and Development Expenditures
NAS No. 11 “Research and Development Expenditures” sets the procedure for accounting for expenditures on research and development work. The key question is whether such expenditure is recognized as an asset or treated as a period expense. Approved by Order No. 137 of the Minister of Economy and Finance dated 14 June 2024 (registered with the Ministry of Justice on 25.07.2024, No. 3535).