To argue with BDO, refer to CICA Handbook Part III Section 1001 Para .45 & .48.
The question is: is there any future economic benefit associated with such expenses? i.e. are all the supplies purchased JUST for the purpose of the camping activities? Is there any inflow of economic benefit from the camping (such as fees collected from participant, fund received from the government because of the camping activities).
If yes, then there ere are future economic benefit associated with the purchases, such purchases should not expensed but capitalized as prepaid.
The question is: is there any future economic benefit associated with such expenses? i.e. are all the supplies purchased JUST for the purpose of the camping activities? Is there any inflow of economic benefit from the camping (such as fees collected from participant, fund received from the government because of the camping activities).
If yes, then there ere are future economic benefit associated with the purchases, such purchases should not expensed but capitalized as prepaid.