Under IFRS, assets that qualify for interest capitalization are assets that are in use or ready for their intended use.

Name: Under IFRS, assets that qualify for interest capitalization are assets that are in use or ready for their intended use.
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Under IFRS, interest can be capitalized for assets that are not yet in use or ready for their intended use but are being prepared for such use. Interest capitalization ceases when the asset is substantially ready for its intended use.

Under IFRS, Assets That Qualify for Interest Capitalization Are Assets