Where exactly does accrued interest go on the Statement of Financial Position,Balance sheet, and the Income Statement according to the IASB guidelines? Please be specific.
Accrued would be interest that has yet to be paid or received. If the company is paying the interest then the accrued interest would show up in the liabilities section of the balance sheet (probably under "Current Liabilities" if the interest is owed in the coming year). If the company is receiving an interest payment then the accrued interest would show up in the assets section (under "Other Current Assets" or "Cash Equivalent" if the interest is to be received in the next year).
I'm not sure if this helps you. Was there a particular company's report you were analyzing?