IFRS: Taxation & Accounting

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Maximizing by Learning the Recent Developments in IAS and IFRS Since 2000, the international financial reporting framework has been undergoing significant and rapid changes. Some of these changes have resulted in the revisions of many IASs whilst others have resulted in the withdrawal of IASs to be replaced with new IFRS. Other changes have also brought about massive revamps in the structure of financial statements, and the measurement and recognition principles of many accounting transactions. In the face of all these new developments, many preparers and users of financial statements are facing an enormous challenge in keeping up-to-speed with the latest requirements in financial reporting. Many do not have the time, resources or skills to plough through the numerous reporting standards and understand the full implications and implementation requirements. Key Benefit of Attending • Learning an overview of the significant revisions and changes to the IAS/IFRS to ensure that preparers and users of financial statements comprehend the new developments and their applicability and effects in the most friendly, effective and efficient way. • Benefiting by discussing the recognition and measurement principles of each FRSs • Profiting by learning from the case studies using annual reports of selected listed companies that will be used to illustrate the new developments and financial impact • Identifying the reasons why IFRS provides more compatibility among sectors, countries and companies to improve and initiate new relationships with investors, customers and suppliers across the globe • Determining the factors that will make IFRS provide impetus to cross- border acquisitions, enables partnerships & alliances with foreign entities • Learning why IFRS gives better access to global capital markets and reduces the cost of capital. • Learning from the discussions on the tax impact of each FRS in line with existing tax legislation. Who Should Attend • Chief Financial Officers • Finance Controllers • Accountants • Financial Analysts • Auditors