This course focuses on the accounting for capitalized interest in connection with the construction or production of long-lived assets. It explains how to determine whether an asset qualifies for interest capitalization, how to calculate the right amount, and how to figure out the capitalization period. The course also covers how to handle interest that doesn’t qualify for capitalization and what needs to be disclosed in the financial statements. Through practical guidance and examples, you’ll gain a solid understanding of how to apply the rules and reflect capitalized interest properly.
Course Publication Date:
September 26, 2025
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$10.00!
| Author: | Kelen Camehl |
| Course No: | ACT-CAPITALIZE-29005 |
| Recommended CPE: | 1.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Accounting
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Learning Objectives
- Identify assets that qualify for interest capitalization.
- Determine the amount of interest cost eligible for capitalization.
- Recognize the period during which interest must be capitalized.
- Distinguish between interest costs that are capitalized and those that must be expensed.