IAS 23

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IAS 23 – Borrowing Costs

List of useful info, resources and documents available on other websites about IAS 23 – Borrowing Costs. Summary of IAS 23 – IASPlus Full Text of the IAS 23 as at 31 December 2010 provided by IASB (You need to register) Other useful … Cont...

By |December 27th, 2011|DOCUMENTS, IAS 23, IAS 23 Borrowing Costs|Comments Off on IAS 23 – Borrowing Costs

Borrowing costs capitalization and consolidation?!

Could you please help with the following situation. Mother company (company A) has given loan to its 100% subsidiary (company B), which on the other hand capitalizes the borrowing costs since the loan is used to build a qualifying asset. In order to be able to provide loan to its 100% subsidiary, the mother company [...]

By |May 9th, 2010|IAS 23|10 Comments

Loss on interest rate swap can be capitalized?

For development of qualifying assets we took a loan from bank, as per ias 23, interest cost on loan taken for qualifying assets will be capitalized to those assets, as per the loan agreement interest rate was libor+1.5, initially libor was high so to c...

By |November 23rd, 2009|DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 23|7 Comments

Borrowing Cost

Hello I Have  A question if i have more than a qualify asset at the same time (say 4) and i only have one loan how i captilize the interest for each asset (give Examples )as they are all at the same time and they are all different??

By |November 21st, 2009|IAS 23|2 Comments