CTHRepealedLegislation
AASB 123 - Borrowing Costs - July 2004
AASB 123 and IAS 23AASB 123 and IAS 23
Start here
Get a plain-English read of AASB 123 and IAS 23
Turn the raw legal text into a practical explanation grounded in AASB 123 - Borrowing Costs - July 2004.
AASB 123 and IAS 23
AASB 123 is equivalent to IAS 23 Borrowing Costs issued by the IASB.
Paragraphs that have been added to this Standard (and do not appear in the text of the equivalent IASB Standard) are identified with the prefix “Aus”, followed by the number of the relevant IASB paragraph and decimal numbering. Paragraphs that apply only to not-for-profit entities begin by identifying their limited applicability.