IAS 23 BORROWING COSTS

Download this Post in PDF Format 1.     STATUS         Mandatory 2.     OBJECTIVE         Prescribe the Accounting Treatment for BORROWING COSTS. 3.     NOT APPLICABLE     Does not deal with ACTUAL or IMPUTED Cost of Equity including Preferred Capital not classified as Equity. 4.     KEY TERMS         BORROWING COSTS (BC)         are INTEREST + OTHER COSTS incurred by an entity in connection…