accounting standard aasb 123澳大利亚会计准则会计准则123外文翻译学位论文Word文档下载推荐.docx
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accounting standard aasb 123澳大利亚会计准则会计准则123外文翻译学位论文Word文档下载推荐.docx
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1Borrowingcoststhataredirectlyattributabletotheacquisition,constructionorproductionofaqualifyingassetformpartofthecostofthatasset.Otherborrowingcostsarerecognisedasanexpense.
Application
Aus1.1ThisStandardappliesto:
(a)eachentitythatisrequiredtopreparefinancialreportsinaccordancewithPart2M.3oftheCorporationsActandthatisareportingentity;
(b)generalpurposefinancialreportsofeachotherreportingentity;
and
(c)financialreportsthatare,orareheldouttobe,generalpurposefinancialreports.
Aus1.2ThisStandardappliestoannualreportingperiodsbeginningonorafter1January2009.Aus1.3ThisStandardmaybeappliedtoannualreportingperiodsbeginningonorafter1January2005butbefore1January2009.WhenanentityappliesthisStandardtosuchanannualreportingperiod,itshalldisclosethatfact.Aus1.4TherequirementsspecifiedinthisStandardapplytothefinancialreportwhereinformationresultingfromtheirAASB1239STANDARDapplicationismaterialinaccordancewithAASB1031
Materiality.
Aus1.5Whenapplicable,thisStandardsupersedesAASB123
BorrowingCostsasnotifiedintheCommonwealthof
AustraliaGazetteNoS294,22July2004.
Scope
2AnentityshallapplythisStandardinaccountingforborrowing
costs.
3TheStandarddoesnotdealwiththeactualorimputedcostofequity,
includingpreferredcapitalnotclassifiedasaliability.
4AnentityisnotrequiredtoapplytheStandardtoborrowingcosts
directlyattributabletotheacquisition,constructionorproductionof:
(a)aqualifyingassetmeasuredatfairvalue,forexamplea
biologicalasset;
or
(b)inventoriesthataremanufactured,orotherwiseproduced,in
largequantitiesonarepetitivebasis.
Definitions
5ThisStandardusesthefollowingtermswiththemeanings
specified:
Borrowingcostsareinterestandothercoststhatanentityincurs
inconnectionwiththeborrowingoffunds.
Aqualifyingassetisanassetthatnecessarilytakesasubstantial
periodoftimetogetreadyforitsintendeduseorsale.
6Borrowingcostsmayinclude:
(a)interestonbankoverdraftsandshort-termandlong-term
borrowings;
(b)amortisationofdiscountsorpremiumsrelatingtoborrowings;
(c)amortisationofancillarycostsincurredinconnectionwiththe
arrangementofborrowings;
AASB12310STANDARD
(d)financechargesinrespectoffinanceleasesrecognisedinaccordancewithAASB117Leases;
(e)exchangedifferencesarisingfromforeigncurrencyborrowingstotheextentthattheyareregardedasanadjustmenttointerestcosts.
7Dependingonthecircumstances,anyofthefollowingmaybequalifyingassets:
(a)inventories
(b)manufacturingplants
(c)powergenerationfacilities
(d)intangibleassets
(e)investmentproperties.
Financialassets,andinventoriesthataremanufactured,orotherwiseproduced,overashortperiodoftime,arenotqualifyingassets.Assetsthatarereadyfortheirintendeduseorsalewhenacquiredarenotqualifyingassets.
Recognition
8Anentityshallcapitaliseborrowingcoststhataredirectlyattributabletotheacquisition,constructionorproductionofaqualifyingassetaspartofthecostofthatasset.Anentityshall
recogniseotherborrowingcostsasanexpenseintheperiodinwhichitincursthem.
9Borrowingcoststhataredirectlyattributabletotheacquisition,constructionorproductionofaqualifyingassetareincludedinthecostofthatasset.Suchborrowingcostsarecapitalisedaspartofthecostoftheassetwhenitisprobablethattheywillresultinfutureeconomicbenefitstotheentityandthecostscanbemeasuredreliably.WhenanentityappliesAASB129FinancialReportinginHyperinflationaryEconomies,itrecognisesasanexpensethepartofborrowingcoststhatcompensatesforinflationduringthesameperiodinaccordancewithparagraph21ofthatStandard.
AASB12311STANDARD
BorrowingCostsEligibleforCapitalisation
10Theborrowingcoststhataredirectlyattributabletotheacquisition,constructionorproductionofaqualifyingassetarethoseborrowingcoststhatwouldhavebeenavoidediftheexpenditureonthequalifyingassethadnotbeenmade.Whenanentityborrowsfundsspecificallyforthepurposeofobtainingaparticularqualifyingasset,theborrowingcoststhatdirectlyrelatetothatqualifyingassetcanbereadilyidentified.
11Itmaybedifficulttoidentifyadirectrelationshipbetweenparticularborrowingsandaqualifyingassetandtodeterminetheborrowingsthatcouldotherwisehavebeenavoided.Suchadifficultyoccurs,forexample,whenthefinancingactivityofanentityisco-ordinatedcentrally.Difficultiesalsoarisewhenagroupusesarangeofdebtinstrumentstoborrowfundsatvaryingratesofinterest,andlendsthosefundsonvariousbasestootherentitiesinthegroup.Othercomplicationsarisethroughtheuseofloansdenominatedinorlinkedtoforeigncurrencies,whenthegroupoperatesinhighlyinflationaryeconomies,andfromfluctuationsinexchangerates.Asaresult,thedeterminationoftheamountofborrowingcoststhataredirectlyattributabletotheacquisitionofaqualifyingassetisdifficultandtheexerciseofjudgementisrequired.
12Totheextentthatanentityborrowsfundsspecificallyforthepurposeofobtainingaqualifyingasset,theentityshalldeterminetheamountofborrowingcostseligibleforcapitalisationastheactualborrowingcostsincurredonthatborrowingduringtheperiodlessanyinvestmentincomeonthetemporaryinvestmentofthoseborrowings.
13Thefinancingarrangementsforaqualifyingassetmayresultinanentityobtainingborrowedfundsandincurringassociatedborrowingcostsbeforesomeorallofthefundsareusedforexpendituresonthequalifyingasset.Insuchcircumstances,thefundsareoftentemporarilyinvestedpendingtheirexpenditureonthequalifyingasset.Indeterminingtheamountofborrowingcostseligibleforcapitalizationduringaperiod,anyinvestmentincomeearnedonsuchfundsisdeductedfromtheborrowingcostsincurred.
14Totheextentthatanentityborrowsfundsgenerallyandusesthemforthepurposeofobtainingaqualifyingasset,theentityshalldeterminetheamountofborrowingcostseligibleforcapitalizationbyapplyingacapitalisationratetotheexpendituresonthatasset.Thecapitalisationrateshallbetheweightedaverageoftheborrowingcostsapplicabletotheborrowingsoftheentitythatareoutstandingduringtheperiod,otherthanborrowingsmade.
AASB12312STANDARD
specificallyforthepurposeofobtainingaqualifyingasset.Theamountofborrowingcoststhatanentitycapitalisesduringaperiodshallnotexceedtheamountofborrowingcostsitincurredduringthatperiod.
15Insomecircumstances,itisappropriatetoincludeallborrowingsoftheparentanditssubsidiarieswhencomputingaweightedaverageoftheborrowingcosts;
inothercircumstances,itisappropriateforeachsubsidiarytouseaweightedaverageoftheborrowingcostsapplicabletoitsownborrowings.
ExcessoftheCarryingAmountoftheQualifyingAssetOver
RecoverableAmount
16Whenthecarryingamountortheexpectedultimatecostofthequalifyingassetexceedsitsrecoverableamountornetrealisablevalue,thecarryingamountiswrittendownorwrittenoffinaccordancewiththerequirementsofotherStandards.Incertaincircumstances,theamountofthewrite-downorwrite-offiswrittenbackinaccordancewiththoseotherStandards.
CommencementofCapitalisation
17Anentityshallbegincapitalisingborrowingcostsaspartofthecostofaqualifyingassetonthecommencementdate.Thecommencementdateforcapitalisationisthedatewhentheentityfirstmeetsallofthefollowingconditions:
(a)itincursexpendituresfortheasset;
(b)itincursborrowingcosts;
(c)itundertakesactivitiesthatarenecessarytopreparetheassetforitsintendeduseorsale.
18Expendituresonaqualifyingassetincludeonlythoseexpendituresthathaveresultedinpaymentsofcash,transfersofotherassetsortheassumptionofinterest-bearingliabilities.Expendituresarereducedbyanyprogresspaymentsreceivedandgrantsreceivedinconnectionwiththeasset(seeAASB120AccountingforGovernmentGrantsandDisclosureofGovernmentAssistance).Theaveragecarryingamountoftheassetduringaperiod,includingborrowingcostspreviouslycapitalised,isnormallyareasonableapproximationoftheexpenditurestowhichthecapitalisationrateisappliedinthatperiod.
AASB12313STANDARD
19Theactivitiesnecessarytopreparetheassetforitsintendeduseorsaleencompassmorethanthephysicalconstructionoftheasset.Theyincludetechnicalandadministrativewor
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