Tag: IFRS

Accounting Standards

IAS 23 and Borrowing Costs Explained: When a £250,000 Construction Loan’s Interest Must Be Capitalised, Not Expensed

A £250,000 construction loan shows exactly how IAS 23 splits borrowing costs between capitalised asset cost and expensed finance charges — and where SMEs most often get the timing wrong.

Oct 27, 2026 8 min read

Accounting Standards

FRS 105 vs FRS 102 vs IFRS: Which Accounting Standard Should Your Growing Business Use?

Growing businesses often outgrow FRS 105 without realising it. This guide compares FRS 105, FRS 102 and IFRS with a worked example showing how the same investment property produces three very different sets of numbers.

Sep 16, 2026 6 min read