Amendments to IPSAS 5, Borrowing Costs - Non-Authoritative Guidance
Nov 3, 2021 | Handbooks, Standards, and Pronouncements
This pronouncement adds of non-authoritative guidance to IPSAS 5, Borrowing Costs. The non-authoritative guidance adds implementation guidance and illustrative examples to IPSAS 5.
The new material in ED 74 illustrates how the existing principles for when borrowing costs can be capitalized are applied in various regularly encountered public sector scenarios. No amendments are proposed to the authoritative material in IPSAS 5.
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