Operating Costs Update

Written by Natalie Vukovich
The Law Society of Upper Canada - Six-Minute Commercial Leasing Lawyer

Are capital expenditures properly recoverable as Operating Costs? On the premise that sometimes they are, the purpose of this paper is to explore:

• the nature of capital expenditures as operating costs;
• the differences between depreciation and amortization - if any: and 
• the relevance of "Generally Accepted Accounting Principles" (GAAP) as they will soon be modified by "International Financial Reporting Standards" (IFRS)

Read the full article below.