Programme Objective To enable participants to understand the core principle of FRS 23 and apply the requirements relating to the accounting and reporting of borrowing costs.To ensure that participants are able to: Understand the definition of borrowing costs and other relevant terms in FRS 23Understand the rationale for the core principle of FRS 23Identify qualifying asset and the borrowing costs that are eligible for capitalizationDetermine events that require the capitalization, suspension of capitalization and cessation of capitalization of borrowing costsDetermine the amount of borrowing costs that are eligible for capitalizationConsider the impact of special situations, e.g. intercompany borrowingsUnderstand the significance of disclosure requirements in FRS 23
To enable participants to understand the core principle of FRS 23 and apply the requirements relating to the accounting and reporting of borrowing costs.To ensure that participants are able to:
Scope of FRS 23Definition of borrowing costs, qualifying asset and relevant terms in FRS 23Core principle in FRS 23Recognition requirements in FRS 23 Determining borrowing costs eligible for capitalizationTreatment of excess of carrying amount over the recoverable amountEvents relating to commencement of capitalizationSpecial considerations relating to suspension of capitalizationEvents relating to cessation of capitalization Disclosure requirements Training MethodologyLecture style, with Exercises/Case StudiesClosing Date for Registration1 week before programme or until full enrolment
A Foundation to Intermediate level programme intended for both Practising and Non-Practising Accountants.
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This Course is Intended for CA Singapore Users..
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