Inside the
growing footprint of IFRS lies something many small and midsize organisations
may be overlooking – rich opportunities for business development. IFRS-related
work in the east African regions has largely been n domain of major accounting
firms thus far. While national firms are filling many of the needs, there’s a
large space that small and midsize organisations can occupy given the right
positioning, knowledge and resources.
To carve
out an international niche, firms must be realistic about the challenges.
Reaching critical mass as you grow your IFRS client base will take time.
Building IFRS bench strength your organisation will likewise take a commitment.
The effort may mean an outflow of cash for the first couple of years. Yet small
and regional organisations willing to put in the work, developing that kind of
niche can ultimately drive profit.
In order
for today’s leading companies to succeed within the volatile market, robust
financial reporting is essential. Only those organisations that can provide
up-to-date, transparent and forthright financial reporting will secure future
investors and maintain the support of their shareholders and stakeholders. IFRS
is therefore increasingly being adopted by organisations globally as the most
sophisticated and accurate means of company’s to disclose information on its
financial position and performance within the market.
This is a
highly practical and focused programme that ahs been designed specifically to
help you attain superior performance. Throughout the workshop, many examples of
case studies will be woven into the discussion, and these together with the
hand-on training of your workshop facilitator, promise to make this
workshop a valuable and realistic learning experience for each delegate. This
is one training opportunity that you definitely won’t want to miss.
For
more information and brochure, kindly contact Ms. Esther at estherw@marcusevanskl.com
Key Topics
·
IAS
18:
Outlining the principles of revenue recognition as required by IAS 18 Revenue
·
IAS
12: Developing
an in-depth understanding on the key technical requirements of IAS 12 Taxation
·
IAS
17: Mastering
the accounting and disclosing of operating and finance leases in terms of IAS
17
·
IAS
16 and IAS 36: Examining the extensive requirements of IAS 16
(Property Plant and Equipment) and IAS 36 (Impairment of Assets) and their
effect on the management of an organisation’s assets
·
IFRS
7: Mastering
disclosure of Financial Instruments as required by IFRS 7
Key
Features
·
Solving
practical
exercises relating taxes to improve your technical skills of IAS 12 and other
implicated standards
·
Examining the
effect of IFRIC 4 and other circulars relevant to IAS 17 leases
·
Calculating value in
use and fair value in order to determine the recoverable amount
·
Providing practical
approach to easily mastering ‘complex’ requirements of IFRS 7
