08-15-2006, 06:36 AM
yar look wut v r doing in IAS 23 is capitalizing the cost of borrowing or in other words including the cost of borrowing in the cost of asset. So when the expenditure is incurred on the asset then v shud start capitalizing on it. not when borrowing is taken. V will simply expense out the borrowing when it is not used....
anyways i will discuss it with my teacher, but i think this is right treatment.....
anyways i will discuss it with my teacher, but i think this is right treatment.....