Page 5 - PowerPoint Presentation
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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