Question

According to SFAS No. 34 , interest on self- constructed assets should be capitalized.
Team Debate:
Team 1: Present arguments in favor of capitalizing interest. Tie your arguments to the concepts and definitions found in the conceptual framework.
Team 2: Criticize the provisions of SFAS No. 34 . Present arguments against capitalizing interest. Tie your arguments to the concepts and definitions found in the conceptual framework. (Finance theory would say that interest is a return to the capital provider, the lender. Finance theory might assist you in your argument.)



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  • CreatedDecember 17, 2014
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