ASC 360 | Self-Constructed Assets & Capitalized Interest (ASC 835)

This is episode 7 of 8 of a larger series. Click link below to begin full course playlist:    • ASC 360 : Introduction to Fixed Assets (PP&E)   When a company builds its own asset, the cost calculation gets more complex — and interest on borrowings may have to be capitalized too. We cover: • What costs go into a self-constructed asset: materials, labor, and overhead • When interest capitalization is required and how the capitalization period works • How to calculate capitalized interest using weighted-average accumulated expenditures By the end of this video, you'll understand: • How to determine the historical cost of an asset a company builds itself • Why capitalized interest reduces interest expense during the construction period • The cap on capitalized interest and how it applies in practice 📚 Learn more at intellicasts.com