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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
IAS 23 Borrowing cost deals with the interest capitalisation on a qualifying asset which says borrowing costs are 'interest and other costs that an entity incurs in connection with the borrowing of funds'.Any such other borrowing cost incurred can be treated as expenses. Explain.
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