Question
What guidance do you find on capitalization of interest in IFRS? How is it different or similar to U.S. GAAP? When capitalizing interest, there is
What guidance do you find on capitalization of interest in IFRS? How is it different or similar to U.S. GAAP?
When capitalizing interest, there is a limit that the lower of actual interest and avoidable interest should only be capitalized. How do you compute avoidable interest and actual interest? Illustrate with examples.
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Financial Accounting
Authors: Carl Warren
13th Edition
1133607616, 978-1133607618
