IAS 23 | Borrowing Cost | Interest Capitalization | International Accounting IFRS course
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2019-07-02

✅For more visit: www.farhatlectures.com

#CPAEXAM #ACCA #accountingstudent



IAS 23 Borrowing Costs requires that borrowing costs directly attributable to the acquisition, construction or production of a 'qualifying asset' (one that necessarily takes a substantial period of time to get ready for its intended use or sale) are included in the cost of the asset. Other borrowing costs are recognised as an expense.

My website: https://farhatlectures.com/
Facebook page: https://www.facebook.com/accountinglectures
LinkedIn: https://goo.gl/Pp2ter
Twitter: https://twitter.com/farhatlectures
Email Contact:  Mansour.farhat@gmail.com