When to capitalize interest (borrowing cost) from a loan?
Borrowing costs that are directly attributable to the acquisition, construction, or production of a qualifying asset shall be capitalized as part of the cost of that asset.
Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
Borrowing costs that are directly attributable to the acquisition, construction, or production of a qualifying asset shall be capitalized as part of the cost of that asset.