INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) TRAINING PROGRAMME PROGRAMME MODULES Programme modules have been designed to enhance professional skills and management competencies focused on maximizing the service delivery output of staff of the NDIC. The Programme modules have been developed to take account of the following: Principles and practice of learning and development by ensuring both theoretical and practice-based approach to the evolvement of the modules The curriculum modules have been carefully designed and sequenced to take cognizance of the rich experience and knowledge of participants within their work-based environment Course Outline International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. They are a consequence of growing international shareholding and trade and are particularly important for companies that have dealings in several countries. They are progressively replacing the many different national accounting standards. The rules to be followed by accountants to maintain books of accounts which is comparable, understandable, reliable and relevant as per the users internal or external. Learning Outcomes This five-day course provides a rigorous and detailed overview of all major technical IFRS requirements, and includes illustrative financial statements, case studies, examples, coverage of the most significant IFRSs, and interactive participation from the delegates. In addition to a review of current IFRS, Participants also receive an update on the new standards for 2013 and 2015, as well as information on likely future pronouncements and the probable impact of their adoption. This programme answers questions such as: What are the current and likely future requirements of IFRS? How are IFRS recognition and measurement principles applied? Where can up-to-date information about IFRS be obtained? When are fair value measurements required? What are the prospects and timetable for convergence of US GAAP and IFRS? Course benefits Apply the requirements of the standards to prepare IFRS compliant financial statements, including the determination of appropriate accounting policies and identification of necessary disclosures Define the process of transitioning to IFRS and identify the first time adoption exemption and exceptions relevant to an organization Explain how the recognition and measurement principles of the IASB’s Framework apply within each accounting standard List the standards that require or permit the use of fair value measurement, identify how fair value is measured and specify where the fair value changes are recognized Apply the new standards for 2013 and 2015 Topics Introduction to IFRS Conceptual Framework Fair value measurement (IFRS 13) Presentation of financial statements (IAS 1) Revenue Recognition Corporate Governance Teaching method Live group instruction by specialist instructors Review of the rationale and objective for IASB standards Description and explanation of IFRS technical requirements in clear and simple language Use of case studies and real-world examples to illustrate practical application of the standards Interactive participation is encouraged All participants receive a comprehensive binder containing copies of the presentation slides, handouts and other course materials Venue This training will take place in Gambia. Cost The cost of this training is two thousand dollars ($2,000.00) per participant. Date October 14 – 18, 2013. For registration email [email protected] or call 09-456029171. Discount for early registration. Adebowale Jeff Johnson
Posted on: Mon, 02 Sep 2013 09:33:43 +0000
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