Thank you for watching this video. Become a VIP Member by Subscribing To My Channel goo.gl/Nw9WJU Check out these playlists also, Management Accounting kzread.info/head/PLr0o467TparX-T2HRzbQHeL3GvdeQUjsQ Financial Management kzread.info/head/PLr0o467TparXJe7a9Kmh7XIkWCaFdRECO Public Sector Accounting and Finance kzread.info/head/PLr0o467TparUVByDsBSUzp4gz7FY-ZCiX Financial Reporting / Corporate Reporting kzread.info/head/PLr0o467TparV0dWblpCOnwN2oVHjmzpKx Strategic Case Study kzread.info/head/PLr0o467TparWm9hiAwhsmgzG1deg3ZjWk Financial Accounting kzread.info/head/PLr0o467TparUFDEb1XtuliTsRyc9DfyO7 Taxation In Ghana kzread.info/head/PLr0o467TparUjY8Z1sk74on__5FbuWc_M Group Financial Statements kzread.info/head/PLr0o467TparXOkt2fE4p8LOcSKGy5vwyk How To Tips kzread.info/head/PLr0o467TparWGo6hFuuZ9sHEZIZDFRhDg Single Entity Financial Statements kzread.info/head/PLr0o467TparWkhpdbLZPpihMdnvJA1MY8 Business and Corporate Law kzread.info/head/PLr0o467TparUUm0Eg_36WmPmLv9UR7ebm

thank you very much Nhyira Premium for helping me to understand the calculation on ias 23 borrowing cost. i have learnt something that is very key in this standard from your solution sir. from West African Sierra Leone Augustine Samuel Bangura

Thank you very much sir. I really appreciate this lecture.

Thanks so much your the best dear

Well explained thank you sir

Awesome interpretation of the standard. Thank you.

Accounting theory made easy. you are a pro 👍

Thanks please

Be blessed

God bless you sir,

hi, I am from sierra leone Ibrahim Conteh

When part of a borrowed fund is invested, what is deducted from the total borrownig cost to be capitalized, is it the interest (gains) or what? Great video sir

@NhyiraPremium

3 жыл бұрын

Yes. Interest earned

Thank you so much for this sir. You have been a blessing to me. In the first illustration (KK Ltd), the total borrowing cost is $30m (15% x $200m). How come the borrowing cost to be capitalised is $45m which is more than the total borrowing cost?

@nthabisengkhesa3862

2 жыл бұрын

The total borrowing cost is = $222.5 instead of $ 245 I think the calculation was incorrect for the borrowing cost. the correct amount is $22.5. I stand to be corrected otherwise the video is very informative, thank you Nhyira.

@irenegoobi968

Жыл бұрын

How do we come upto 22.5 then

What happens when part of the borrowing cost is deposited in the bank at a curtain rate and then the remaining balance is reinvested at also a different rate ... How do I treat that

Thank you very much Sir

@NhyiraPremium

3 жыл бұрын

Always a pleasure 💃

If a company purchased a telephone, can we depreciate it as a fixed asset or what is the treatment we apply on it at the end of accounting period.

@NhyiraPremium

3 жыл бұрын

It depends, the Entity could it off or depreciate it based on determination of materiality. In other words, some companies may see the cost of the telephone as material (huge cost) while others may see it as immaterial (less substantial cost).

sir please with the first question solved, when calculating for the borrowing cost to be capitalized, why did you use 1.5years instead of the 18months

@NhyiraPremium

2 жыл бұрын

You can still use the 18 months. 18 months is equivalent to 1.5 years

@tanakamagumisehovovo418

Жыл бұрын

In the case that u wanted to multiply by 18months with no over 12, i think you will be assuming that the interest rate is charged monthly not yearly

Simple explanation