IAS 23 Borrowings cost

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Mathew Matt
Posts: 6
Joined: 16 Oct 2020, 06:48

IAS 23 Borrowings cost

Post by Mathew Matt »

We borrowed money for a project, that included construction of a factory and installation of 3 lines, the project is like 75% complete where the building has been completed,we are at the phase of installing the last line;
Is it right to keep capitalising till end of project, or?
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Marek Muc
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Posts: 1695
Joined: 15 Oct 2018, 17:21
Location: Warsaw, Poland

Re: IAS 23 Borrowings cost

Post by Marek Muc »

How do the criteria described below apply to your project?

https://ifrscommunity.com/knowledge-bas ... talisation
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