Issues Related to the Accounting of the Expanses of Loan Use


  • E. Kharabadze Ivane Javakhishvili Tbilisi State University
  • L. Andghuladze Batumi Shota Rustaveli State University
Keywords: loan expenses; special asset; interest expense; effective interest rate; recognition of expenses; financial expenses; capitalization of expenditures.

Abstract

Registration of the expenses related to the use of the loan is regulated by the International Accounting Standards (IAS) 23 and is characterized by the peculiarities. The article discusses the costs associated with the use of the loan, the peculiarities of their accounting with the basic method of accounting,  also, the capitalization of the expenses related to the use of the loan is the case when the loan is directly related to the acquisition, production or construction of a particular asset.

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PDF Downloads: 28
Published
2019-02-28
How to Cite
Kharabadze, E., & Andghuladze, L. (2019). Issues Related to the Accounting of the Expanses of Loan Use. Fundamental and Applied Researches in Practice of Leading Scientific Schools, 31(1), 81-83. https://doi.org/https://doi.org/10.33531/farplss.2019.1.17