IAS 23: Borrowing Costs

	Core principle (para. 1)
	Scope (paras. 2-4)
	Definitions (paras. 5-7)
	Recognition (paras. 8-25)
	Disclosure (para. 26)
	Transitional provisions (paras. 27-28A)
	Effective date (paras. 29-29D)
	Withdrawal of IAS 23 (revised 1993) (para. 30)
	Appendix - Amendments to other pronouncements
	Approval by the Board of IAS 23 issued in March 2007
	IAS 23: Basis for Conclusions
	Introduction (paras. BC1-BC3)
	Amendments to the scope (paras. BC4-BC6)
	Assets measured at fair value (para. BC4)
	Inventories that are manufactured, or otherwise produced, in large quantities on a repetitive basis (paras. BC5-BC6)
	Elimination of the option of immediate recognition as an expense of borrowing costs directly attributable to the acquisition, construction or production of a qualifying asset (paras. BC7-BC14)
	Borrowing costs eligible for capitalisation (amendments issued in December 2017) (paras. BC14A-BC14E)
	Effective date and transition (paras. BC15-BC18A)
	BC15-BC18
	Borrowing costs eligible for capitalisation (amendments issued in December 2017) (para. BC18A)
	Differences between IAS 23 and SFAS 34 (paras. BC19-BC27)
	BC19
	Definition of borrowing costs (paras. BC20-BC21)
	Definition of a qualifying asset (para. BC22)
	Measurement (paras. BC23-BC24)
	Disclosure requirements (paras. BC25-BC27)
	Appendix - Amendments to Basis for Conclusions on other pronouncements
	Dissenting opinions
	IAS 23: Implementation Guidance

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