IFRS (International Financial Reporting Standards) is forecasted to have a bigger impact on businesses than Sarbanes Oxley did.
The prerequisite for this workshop is the IFRS Overview seminar to be held on May 22nd.
This training is for industry accountants, finance professionals, and auditors.
You can visit: http://www.advantagemontrealseminars.com/
The outline for this 2 day IFRS workshop follows:
1. First-
2. Financial statements
3. Inventories
4. Contingencies
5. Accounting policies, changes in accounting estimates, correction of errors, and discontinued operations)
6. Revenue recognition
7. Recognition and measurement of assets (property, plant & equipment and intangible assets) including the accounting treatment of impairment and assets held for sale |
8. Provisions/
9. Share-
10. Consolidated financial statements, including special purpose entities
11. Financial instruments, including the disclosure requirements in IFRS 7
12. Segment reporting
13. Disclosure
Leah Donti, has been teaching IFRS since 1997. She is an expert on IFRS will conduct the training.
Over 100 countries have already converged to IFRS including the Eurozone, Switzerland, UK, Hong Kong, Australia and New Zealand.
Companies that are due to begin their IFRS conversion projects over the next couple of months could be underestimating the full extent of what this entails. In the worst case scenario, this could lead to financial results being restated and, with the world’s financial markets currently so delicately poised, such a flurry of activity could prove damaging.
In Canada, the TSE will require IFRS beginning Jan. 1, 2011. As well, all publically accountable entities in Canada are scheduled to make the move to IFRS on the same date.
In the US, the SEC has released the Roadmap for comment.
