Skip to main content
IFRS Academy

CERTYNEX IFRS ACADEMY

My account — Professional

Search the Academy

Home
My learning path
Exercises & quizzes
Cases
Workpapers
Exams
My progress

IAS 23Borrowing Costs

IAS 23Chapter 7Lesson 1

Commencement of capitalisation and eligible expenditure

Step 1 of 8Learning objectives

Go deeper+1 deeper insight · +1 point of attention

From when are borrowing costs capitalised? The three elements of commencement and eligible expenditure, net of progress payments and grants.

35 minNot started

Learning objectives

  • Determine the date capitalisation begins.
  • Calculate eligible expenditure net of progress payments and grants.
  • Explain why land held awaiting development does not give rise to capitalisation.

In this lesson

Original teaching content: it paraphrases the standard without reproducing it and does not replace the official text.

Contents — IAS 23 — Borrowing Costs

  1. 1 · Not startedThe principle: capitalise or expense0 / 1 lesson
  2. 2 · Not startedScope and exemption0 / 1 lesson
  3. 3 · Not startedQualifying asset and borrowing costs: the definitions0 / 1 lesson
  4. 4 · Not startedThe components of borrowing costs0 / 1 lesson
  5. 5 · Not startedSpecific borrowings0 / 1 lesson
  6. 6 · Not startedGeneral borrowings and the cap0 / 1 lesson
  7. 7 · Not startedCommencement of capitalisation and eligible expenditure0 / 1 lesson
  8. 8 · Not startedSuspension of capitalisation0 / 1 lesson
  9. 9 · Not startedCessation of capitalisation0 / 1 lesson
  10. 10 · Not startedDisclosures0 / 1 lesson
  11. 11 · Not startedTransition and effective dates0 / 1 lesson
  12. 12 · Not startedBoundaries with other standards0 / 1 lesson