The company borrowed long term loan, how to account for the commitment fee and arrangement fee related to the loan? Should be fees capitalised and amortised over the life of the loan or recognised as loan fee through P&L?
Loan fee
The company borrowed long term loan, how to account for the commitment fee and arrangement fee related to the loan? Should be fees capitalised and amortised over the life of the loan or recognised as loan fee through P&L?