31 October 2008
AS 10 & 16 - Read institute book which is having illustrations
in simple
AS - 10 talks abt fixed assets and capitalisation of the same and what are all the costs thT will be included in the capitalised value of an asset.
AS - 16 : talks abt borrowing costs which explains what is the borrowing cost and what amt shd be taken as barrowing cost and what amount to be capitalised to the cost of assets / inventories as the case may be
CAclubindia
