IAS - 16: Capitalization of interest charges

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<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by [email protected]</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by [email protected]</i>
<br />Asalam o Aaikum

Iam a student of PIPFA Final and from yours kind support i want to know the following.

at the time of capitalization of plant can we included the cost of any intrest charges paid to supplier for deferred credit??

what is the alternative treatment of above mentioned quesion in IAS - 23???

Thanks

Muhammad Umar - PIPFA(F)

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Is every buddy here to answer me with a solid reason???

please writes your comments at your earliest..

Regards!

Umar.


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walekum salam,

Dear Nobin,

you mean to say that intrest charges paid to supplier due to late payment can be capitalized at the time of acquisition of an asset. but dear, kindly clarify that what are you saying about completion of an asset, em not getting ur point??

further, please also provide support about increamental depreciation.
how it is caculate and what is the impect of this on revalued amount of an asset..


regards


Umar