Page 5 - 2018 FAC4864 Test 4 slides - Borrowing Costs & IFRS 5
P. 5

BORROWING COSTS



            Outcomes










            • Define borrowing costs and identify qualifying assets.


            • Determine when capitalisation of borrowing costs


                should commence, be suspended or should cease.



            • Determine the amount of borrowing costs that should

                be capitalised.



            • Identify the taxation implications with regard to


                capitalised borrowing costs.


            • Presentation and disclosure of borrowing costs in the


                financial statements.










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