Problems with Accounting of Borrowing Costs Capitalized in Compliance with the IFRS and the Ways to Solve them
Abrorbek KozimjonovTashkent State University of Economics, Uzbekistan
ABI
Abstract
Preparing the data that meets the requirements of International Financial Reporting Standards is considered urgent for every economic entity and an investor seeking opportunities to invest. This article is devoted to the study of the theoretical and practical issues related to borrowing costs capitalized in compliance with International Financial Reporting Standards, the cases in which borrowing costs are recognized as an asset, and the problems and solutions of their accounting and reflection in the reporting.