Global Standards for the world economy

Sunday 30 April 2017

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Meeting summaries and observer notes



The Board discussed comments received from respondents to the proposal in the exposure draft of Proposed Amendments to IAS 23 Borrowing Costs to eliminate the option to recognise borrowing costs directly attributable to the acquisition, construction or production of a qualifying asset as an expense immediately. The Board asked the staff to prepare, for its meeting in December, a paper on the arguments of respondents who disagreed with the proposal and the suggestions they made.


Date: 11/19/2006