CTHRepealedLegislation
AASB 123 - Borrowing Costs - July 2004
Differences between this Standard and AADifferences between this Standard and AASB 1036
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Differences between this Standard and AASB 1036
The primary difference between this Standard and the AASB Standard that it supersedes, AASB 1036 Borrowing Costs, is that this Standard permits a choice between two treatments of borrowing costs.
A more detailed description of the differences between this Standard and AASB 1036 accompanies this Standard under the heading “Differences between AASB 123 and AASB 1036”.
The requirements of superseded AASB 1036 are essentially the same as superseded AAS 34 Borrowing Costs. Accordingly, there is no separate analysis of the differences between AASB 123 and AAS 34.