Interest reporting: standardized disclosure of loan interest, bank charges and totals for comparative annual accounts. Schedule 21 prescribes disclosure line items for interest in the annual statement of accounts: interest on fixed loans, interest on other loans (including bank charges), a separately specified others line, and a total, each shown for the current and previous year.
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Interest reporting: standardized disclosure of loan interest, bank charges and totals for comparative annual accounts.
Schedule 21 prescribes disclosure line items for interest in the annual statement of accounts: interest on fixed loans, interest on other loans (including bank charges), a separately specified others line, and a total, each shown for the current and previous year.
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