Learning outcomes

What will you learn?

The core principle of IAS 23 and its application in financial reporting.

How to identify qualifying assets and determine capitalizable borrowing costs.

The treatment of borrowing costs under different financing arrangements.

Practical examples of capitalization and expense recognition.

Disclosure requirements and compliance with international standards.

Participants

Who is this course designed for?

Accountants and finance professionals seeking to expand their IFRS knowledge.

Auditors analyzing financial statements for compliance with IAS 23.

Financial managers, CFOs, and controllers involved in project financing.

Consultants and advisors guiding clients on IFRS implementation.

Pre-requisites

Necessary Qualifications

A background in accounting, finance, or business administration.

Basic understanding of financial statements and accounting principles.

Prior exposure to IFRS or national accounting standards is beneficial.

Course Content

What will you study?

Introduction to IAS 23 and its objectives.

Scope and definitions: borrowing costs and qualifying assets.

Recognition and capitalization of borrowing costs.

Commencement, suspension, and cessation of capitalization.

Special considerations in complex financing structures.

Disclosure requirements under IAS 23.

Real-world applications and examples.