Under Accounting Standards for Private Enterprises (ASPE),organization costs are classified as:

Name: Under Accounting Standards for Private Enterprises (ASPE),organization costs are classified as:
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Under ASPE, organization costs are classified as an intangible asset. These costs include legal fees, promotional costs, and other expenses related to incorporating a business or establishing a new entity. They are recorded as an asset on the balance sheet and are amortized over their useful life.

Under Accounting Standards for Private Enterprises (ASPE),organization Costs Are Classified