Summary of Significant Accounting Policies: Start-Up Costs Policy (Policies) |
12 Months Ended |
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Dec. 31, 2015 | |
| Policies | |
| Start-Up Costs Policy |
Start-up Costs
In accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) No. 720, Reporting on the Costs of Start-up Activities, the Company has expensed all costs incurred in connection with the start-up and organization of the Company. |
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- References No definition available.
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- Definition Disclosure of accounting policy for start-up costs. Start-up activities include those one-time activities related to opening a new facility, introducing a new product or service, conducting business in a new territory, conducting business with a new class of customer or beneficiary, initiating a new process in an existing facility, or commencing some new operation. Start-up activities include activities related to organizing a new entity (commonly referred to as organization costs). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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