Page 61 - AGM Report 2024

ANNUALREPORT 2023|24

Navigating Financial Waters – Achieving Compliance, Precision Valuation, Mastery
of IAS 12 Accounting Standard - 31 January 2024
st

The event titled “Navigating Financial understanding of its significance in ensuring compliance with standards,
Waters: Achieving Compliance and accounting for income taxes. This precision in valuation, and mastery of
Precision Valuation and Mastery of included discussions on recognition, the IAS 12 accounting standard for a
IAS 12 Accounting Standard” was measurement, presentation, and robust financial strategy.
organized that provided attendees disclosure.
with insights into crucial aspects of Mr. Bilal Moti MRICS, Chairman of
financial management, particularly Windmills Real Estate Valuation
focusing on compliance with Services focussed on the real estate
regulatory frameworks, precision in sector, discussing market performance
valuation techniques, and mastery of and the importance of adhering to
the IAS 12 accounting standard. The professional valuation standards.
event was held on 31st January 2024 Attendees gaine insights into valuation
at Millennium Plaza Downtown Hotel techniques and strategies within the
Sheikh Zayed Road real estate industry.
CA Amit Keshri, Chief Compliance
Chief Guest: Mr. Mohan Valrani, Officer at Bank of Baroda UAE shed
Entrepreneur, Educationist, light on trade finance and compliance
Philanthropist, Co-Founder - Al practices within the banking sector.
Shirawi Group provided insights This session provided attendees with
from his extensive experience in practical knowledge and strategies
entrepreneurship, education, and to ensure compliance with regulatory
philanthropy, offering valuable frameworks in the context of trade
perspectives on financial management. finance.
Mr. Junaid Hanif, Tax Partner at PwC
delved into the intricacies of the IAS Overall, the event promised to offer
12 accounting standard, providing attendees valuable insights into
attendees with a comprehensive navigating financial complexities,

www.icaidubai.org 61