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IAS 23: Borrowing Cost

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IAS 23: Borrowing Cost

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • January 31, 2018 at 9:22 pm #434310
    jawad97
    Member
    • Topics: 4
    • Replies: 1
    • ☆

    Hi sir,
    I have a question regarding IAS 23, if company is using specific and general term loans, then how weighted average is taken?

    February 1, 2018 at 5:31 am #434348
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    I have never considered this situation but common sense would suggest that 100% of the borrowing cost of the specific loan should be capitalised + the weighted proportion of the borrowing costs of the general borrowings

    Does that make sense to you? It does to me!

    February 3, 2018 at 8:09 am #434857
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    2 days and no response so I’m closing the thread

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘IAS 23: Borrowing Cost’ is closed to new replies.

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