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…