Hi
Related to IAS 23 - burrowing costs
The concept is that ,
While economic benefits are being felt from the asset to the company is the time at which the financial costs ( interest costs ) will be treated as financial liabilities
Is this statement of mine correct sir ?
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IAS 23
4y ago#1Hi,
I'd just try to follow the rules in the standard itself with regards to when we start to capitalise the borrowing costs, when we suspend capitalisation and when we stop capitalising.
Thanks
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