Accountancy Forum
  • Accountancy
  • Forum Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum The Profession Accounting and Audit v
« Previous 1 … 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 … 28 Next »
Exchange loss

 
  • 0 Vote(s) - 0 Average
Exchange loss
awaisaftab
Offline

Posting Freak

Posts: 961
Threads: 80
Joined: Jan 2009
Reputation: 0
#2
02-25-2010, 02:41 PM
According to IAS-23,Borrowing Costs, the definition of borrowing cost include exchange differences arising from foreign currency borrowings to the extent that they are regarded as an adjustment to interest costs. So this treatment is still allowed according to IAS-23.See IAS-21 and IAS-2 for more details. I will recommend you first go through all relevant standards and then consult opinions of ICAP.
« Next Oldest | Next Newest »

Users browsing this thread: 2 Guest(s)



Messages In This Thread
Exchange loss - by A.raza - 02-25-2010, 02:21 PM
[No subject] - by awaisaftab - 02-25-2010, 02:41 PM
[No subject] - by kamranACA - 02-25-2010, 09:22 PM
[No subject] - by A.raza - 02-25-2010, 11:46 PM

  • View a Printable Version
  • Subscribe to this thread
Forum Jump:

© 2002-2024 Accountancy. Copyrights of all content on this web site are owned by Accountancy except where indicated in source or copyright statements. Accountancy must be contacted for permission to copy or redistribute any material published on this website.

Linear Mode
Threaded Mode