IFRS Overview course, training workshop in Montreal in 2012

April 14, 2009 - PRLog -- This 16 hour seminar is designed to give participants an overview to IFRS. It will compare IFRS to Canadian GAAP. Using real life examples and cases, participants will walk away with an understanding of IFRS in Canada. This training is for all those in  business who want to learn how IFRS will impact their accounting function and overall business strategy.

This seminar is for industry accountants, CFOs, controllers and auditors.

http://www.advantagemontrealseminars.com/IFRS%20Schedule/IFRS%20Schedule.html

Seminar Outline:

Introduction to IFRS
Financial statement presentation
Current assets
Property, plant and equipment
Leases, intangibles, and asset impairment
Liabilities
Foreign currency translation
Consolidated financial statements
International convergence

Revenue Recognition
Construction Contracts
Consolidated Financial Statements
Accounting Policies, Changes in Principles and Correction of an Error
Statement of Cash Flows
Non-current Assets held for Sale & Discontinued Operations
IFRS Exploration for and Evaluation of Mineral Resources
Deferred Income Taxes

Why Learn IFRS?:
IFRS (International Financial Reporting Standards) is forecasted to have a bigger impact on businesses than Sarbanes Oxley did.

To build an competitive edge to your career, you need to learn IFRS.

Over 100 countries have already converged to IFRS including the Eurozone, Switzerland, UK, Hong Kong, Australia and New Zealand.

Lack of IFRS preparation could cost unprepared adopters dearly.

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 Toronto Stock Exchange 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 IFRS Roadmap for comment.

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Advantage Montreal Seminars Inc. provides in-house training in accounting, auditing, and finance to companies as well as public seminars across North America since 1991.

In Quebec, the firm is licensed under Bill 90 where employers receive an education tax credit.

For more information and to register, contact Leah Donti at: Ldonti@AdvantageMontrealSeminars Inc.