Pre operating Exps Accounting Treatment

[bubak]

Dear fellow,

My question is about to know accounting treatment "in light of accounting standards / practices" that Pre operative exps i.e. salaries, utilities, overheads; Should we do it charged to profit loss account or capitalize (deffer over next operational months). What is the treatment as per standards or GAAP.

I am waiting of your kind reply,

Regards,
ILYAS
Dubai,UAE