AS - 16

MD.Taufique (CA,CS) (308 Points)

22 March 2011  

Borrowing cost also includes :

i)interest cost and commitment charges

ii)amortisation of discount or premium releted to borrowing

iii)amortisation of ancillary costs incurred in connection with arrangement of borrowings

iv)finance charges in respect of assets acquired under finance lease or under other similar arrangements

V)exchange difference arising on foreign currency borrowing to the extent they can be regarded as an adjustment to interest. cost.

Friends pls explain this point ii) and V in detail by quoting example of each it it is possible.Thank you in advance.