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Borrowing Cost

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(Querist)
30 October 2008 Dear Sir,

I am waiting for your valuable reply.

Please explain the Accounting Standard 16 and AS 10 with illustration.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
31 October 2008 What is the specific point you want explanation in the two standards
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CA Bosu babu

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CA Bosu babu (Expert)
31 October 2008 AS 10 & 16 - Read institute book which is having illustrations

in simple

AS - 10 talks abt fixed assets and capitalisation of the same and what are all the costs thT will be included in the capitalised value of an asset.

AS - 16 : talks abt borrowing costs which explains what is the borrowing cost and what amt shd be taken as barrowing cost and what amount to be capitalised to the cost of assets / inventories as the case may be
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
31 October 2008 BUt what is the commonolity the queriest wants explanation for?
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