Your Guide In Business

BAS­SEL SALEH & CO is a firm of Cer­ti­fied Pub­lic Ac­coun­tants and Fi­nan­cial Ad­vi­sors op­er­at­ing through­out the Syr­ian Arab Republic.

We have one aim “GIV­ING YOUR BUSI­NESS A BOOST”

We are help­ing client man­age, grow and sup­port their busi­ness by ren­der­ing pro­fes­sional se­rvices and pro­vid­ing re­li­able and respon­si­ble ad­vise to build long term re­la­tion that stands for lifetime.

Our Services

Busi­ness
Val­u­a­tion

We are help­ing clients ar­rive at an ap­pro­pri­ate and ob­jec­tive es­ti­ate of their busi­ness value.

Com­pany
Re­struc­tur­ing

We are help­ing our clients to rede­fine their com­pany strat­egy, rearrange cur­rent in­vest­ments…

Cost
Re­duc­tion
Cost re­duc­tion is a con­tin­u­ous process of crit­i­cally ex­am­in­ing var­i­ous el­e­ments of costs and each…
Fi­nan­cial
State­ments Au­dit

We are adopt­ing a risk-based approach in which au­dit resources are di­rected to­wards those ar­eas…

IFRSs Guid­ance &
Im­ple­men­ta­tion

Com­pa­nies’ com­pet­i­tive­ness in the cap­i­tal mar­ket is de­pen­dent on its trans­parency and stan dardized…

Tax
Ser­vices

We take a proac­tive vs. re­ac­tive ap­proach to tax ser­vices. By keep­ing cur­rent on new tax laws…

IFRS 17 “In­sur­ance Con­tracts”

IFRS 17 is a new ac­count­ing stan­dard which es­tab­lishes prin­ci­ples for the recog­ni­tion, mea­sure­ment, pre­sen­ta­tion, and dis­clo­sure of in­sur­ance con­tracts and in­vest­ment contracts with dis­cre­tionary par­tic­i­pa­tion fea­tures is­sued. This stan­dard su­per­sedes IFRS 4 “In­sur­ance Con­tracts” and is ef­fec­tive for an­nual pe­ri­ods begin­ning on or af­ter 1st Jan­u­ry 2023.

The stan­dard aims to en­sure that the en­tity pro­vides rel­e­vant in­for­ma­tion that is fairly rep­re­sen­ta­tive of those con­tracts. This in­for­ma­tion pro­vides a ba­sis for users of fi­nan­cial state­ments to as­sess the im­pact of in­sur­ance con­tracts on the fi­nan­cial po­si­tion, fi­nan­cial per­for­mance, and cash flows of the en­tity.

Meet Our Experts

Bas­sel Saleh

Part­ner

Has­san Sarhan

Board Member

IFRS 9 Fi­nan­cial In­stru­ments”

The In­ter­na­tional Ac­count­ing Stan­dard Board (IASB) is­sued the fi­nal ver­sion of IFRS 9 Fi­nan­cial In­stru­ments in July 2014. It re­placed IAS 39 Fi­nan­cial In­stru­ments: Recog­ni­tion and Mea­sure­ment. The new stan­dard aims to sim­plify the ac­count­ing for fi­nan­cial in­stru­ments and ad­dress per­ceived de­fi­cien­cies which were high­lighted by the re­cent fi­nan­cial cri­sis. The Stan­dard in­cludes re­quire­ments for clas­si­fi­ca­tion and mea­sure­ment, im­pair­ment, and hedge ac­count­ing.

The ob­jec­tive of IFRS 9 is to es­tab­lish prin­ci­ples for the fi­nan­cial re­port­ing of fi­nan­cial as­sets and fi­nan­cial li­a­bil­i­ties that will pre­sent rel­e­vant and use­ful in­for­ma­tion to users of fi­nan­cial state­ments for their as­sess­ment of the amounts, tim­ing, and un­cer­tainty of the en­tity’s fu­ture cash flows.
At Bassel Saleh & CO

We are helping client manage, grow and support their business

Everyone in our team will be focused on our clients and dedicated to their success. We promise to exceed our clients’ expectations, take a proactive approach to work with them, and provide them with realistic solutions

Built on Trust and Collaboration.

Our doors are open to all busi­nesses – the di­ver­sity of our client base makes us bet­ter at what we do.

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