Price:
R476.10 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
GRAP and Municipal Finance
Lecturer:
Nestene Botha
Duration:
120 Minutes
Additionals:
R476.10 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
GRAP and Municipal Finance
Lecturer:
Nestene Botha
Duration:
120 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
The objective of GRAP 5 is to ensure that appropriate recognition criteria and measurement bases are applied to borrowing costs and that sufficient information is disclosed in the notes to the financial statements.
This module aims to provide participants with a thorough understanding of the requirements of GRAP 5, including the following areas: - Identifying borrowing costs on qualifying assets. - The appropriate accounting treatment for recognising, measuring and disclosing borrowing costs.
This session will cover the following:
- Definitions: Borrowing Costs & Qualifying Assets
- Borrowing Costs - Benchmark Treatment
- Borrowing Costs - Allowed Alternative Treatment
- Borrowing Costs - Disclosure Requirements & Practical Examples