IAS 23: Borrowing Costs

A collection of resources on IAS 23 from the ICAEW Library & Information Service.

Full-text standard

The International Accounting Standards Board (IASB) provides free access to the consolidated IASs/IFRSs for the current year through their website at http://www.iasb.org/IFRSs/ (you will need to register to gain access).

The standards provided through this website are the unaccompanied versions and do not include any additional content that accompanies the full IASs/IFRSs such as illustrative examples, implementation guidance and bases for conclusions.

eLibrary

Logged in Members and registered students can access a selection of online articles from accountancy journals on this standard using the button in the right hand column (if you do not see the button, please log in).

Reading List

Reading list of articles and books on IAS 23.

To find out about how you can access the material in this reading list please see our book loans and document supply (by post, fax and e-mail) pages.

Links

Press Releases and Summaries

IASB Summary (PDF: 7 KB)

IASB issues amendments to the requirements for borrowing costs - press release issued by the IASB on 29th March 2007 announcing the publication of a revised version of IAS 23 Borrowing Costs.

IAS Plus History & Summary of IAS 23 (Deloitte)

Publications

A practical guide to capitalisation of borrowing costs
A 16 page publication from PWC which 'looks at some of the practical implications of applying IAS 23 (revised)'. Published in November 2008.

IAS 23R - Q&As, Part 2 - supplement to the September 2008 issue of IFRS News: Emerging issues and practical guidance, published by PWC.

IAS 23R - Q&As, Part 1 - supplement to the July/August 2008 issue of IFRS News: Emerging issues and practical guidance, published by PWC.

IAS 23 Borrowing Costs - issue (PDF: 3 pages) of the International Financial Reporting Bulletin from BDO Stoy Hayward published in May 2007 focusing on IAS 23.

IASB Issues Revised Standard on Borrowing Costs - special edition of the IAS Plus Newsletter published by Deloitte in April 2007.

IFRS Briefing Sheet - Issue 66 - briefing (PDF: 2 pages) from KPMG which summarises the revised standard released in March 2007.

Other Resources

Capitalised borrowing costs - section from the PWC interactive online resource Applying IFRS focusing on IAS 23.

IAS 23: Borrowing Costs - an interactive e-learning module from Deloitte. IFRS e-learning (Deloitte) present an impressive collection of interactive e-learning modules on International Financial Reporting Standards which they have made available free of charge in the public interest. The modules are easy to navigate and tackle the standards with practical scenarios and questions to test your knowledge. Each module is available to download as a zip file.

See Also

The Financial Reporting Faculty provides Faculty members with an IFRS Tracker and a range of IFRS Factsheets which provide further detail on this and other IFRSs.

Library & Information Service > Links > Sources for IASs & IFRSs > IAS 23

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