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What should include finance charges? can I classify bank charges on new cheque books as finance charges?
in IAS 1 - Presentation of Financial Statements by

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Finance charges generally mean the cost of financing. That means interest or similar costs of long term or short term financing. Eg. Loan interests, overdraft interest, etc. The bank charges like cheque book charges, fund transfer charges, etc. should typically be classified under administration expenses.
by Level 5 Member (25.6k points)