IAS23 Borrowing Costs

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April 15, 2019 at 9:01 am #512709
winnielai119
Participant
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Dear Tutor,

I studied with Kaplan Ch.5 for IAS 23 Borrowing Costs (Pg.98), the Solution showed the total borrowing costs to be capitalized with 8 months; may I know why not 4 months (Apr to Jul)??

Thanks,

Winnie
April 16, 2019 at 8:55 pm #513162
P2-D2
Keymaster
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Hi,

We only capitalise when the criteria have been met, so presumably from April to July we are not meeting the criteria.

Thanks
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