QUALIFYING ASSET

/Tag:QUALIFYING ASSET

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 HaveĀ  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