Borrowing costs (IAS 23)

Get Started. It's Free
or sign up with your email address
Borrowing costs (IAS 23) by Mind Map: Borrowing costs (IAS 23)

1. Scope and definitions

1.1. Quick overview

1.2. Scope

1.2.1. Guidance on is included in borrowing costs

1.2.2. Qualifying assets

1.3. Definitions

2. Recognition and measurement

2.1. Core principle

2.2. Eligibility for capitalisation

2.2.1. Income earned on temporarily invested borrowings

2.2.2. Specific borrowings

2.2.3. General borrowings

2.2.4. Cap on borrowing costs that can be capitalised

2.3. Commencement of capitalisation

2.4. Suspension of capitalisation

2.5. Cessation of capitalisation

3. Presentation and disclosure

3.1. Presentation in the income statement and cash flow statement

3.2. Accounting policy

3.3. Amount of borrowing costs capitalised

3.4. Capitalisation rate

4. Current issues and further resources

4.1. Covid-19 considerations

4.2. Future amendments

4.3. Reporting framework differences

4.4. IFRIC agenda

4.4.1. Interpretations issued

4.4.2. Items not added to the IFRIC agenda

4.5. Further resources

4.5.1. Reported Disclosures

4.5.2. IFRS disclosure checklist