Borrowing Costs – IAS 23 | 25 May

The objective of IAS 23 is to prescribe the accounting treatment for borrowing costs. Borrowing costs include interest on bank overdrafts and borrowings, finance charges on finance leases and exchange differences on foreign currency borrowings where they are regarded as an adjustment to interest costs.

The webinar will cover:

  • Scope
  • Recognition
  • Measurement
  • Presentation and disclosure

Date: Saturday 25 May 2024
Time: 6pm (Arabian Standard Time)
CPD hours: 1
Price: Free  

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About the speaker Ibrahim - Pic

Muhammad Ibrahim is a “Professional Accounting Affiliate” from institute of chartered accountants of Pakistan with diversified experience of more than 8 years in the field of accounting, finance, financial modelling and assurance services.

Currently working as a Group Financial Controller & Consolidation Manager at Al-Mozaini Real Estate. Previously, he was working as Supervising role in one of the leading audit firms in Saudi Arabia, RSM. He worked with Deloitte Yousuf Adil in Pakistan. During his working experience he has an exposure of handling listed clients such as Banking institutions, Funds and manufacturing companies. He gained solid experience of IFRS conversion & compliance, assurance, internal controls, Financial modelling, financial feasibilities and business valuations.

Al-Mozaini Real Estate

Al Mozaini Real Estate is one of the leading national companies in the field of real estate development. It was founded in 1996 AD to become, within a short period of time, one of the major companies operating in the real estate sector in the Kingdom of Saudi Arabia.