This IFRS (International Financial Reporting Standards) training will help acquainted with the latest information regarding IFRS for SME’s and will include an opportunity to practice applying these standards.
Why Should You Attend:
On July 9, 2009 the International Accounting Standards Board introduced an independent International Financial Reporting Standard (IFRS) for small and medium-sized entities (SMEs), which are estimated to account for over 95 per cent of all companies around the world.
If you are involved with SME’s, you need to become familiar with exactly what these new standards consist of, and what these changes mean.
This workshop will help you become acquainted with the latest information regarding IFRS for SME’s and will include an opportunity to practice applying these standards.
Areas Covered in the Seminar:
- Which companies qualify as SME’s.
- The benefits of the new standards for SME’s.
- What changes and what doesn’t.
- Simpler recording and measuring of assets, liabilities, income and expenses.
- Which topics not relevant to SMEs can be omitted.
- Disclosure requirements under the new standard.
- Examples of IFRS for SME’s financial statements.
- Practice and exercises.
Who Will Benefit:
- If you are an accounting professional you need to become familiar with exactly what these new standards consist of, and what these changes mean for companies.
- This workshop will help you become acquainted with the latest information regarding IFRS and will include an opportunity to practice applying these standards.
- CPA. CMA, CFA, CIA
Instructor Profile:
Mike Morley, is a Certified Public Accountant who holds the top credit designations in the U.S., Canada, and the U.K. Mike is a recognized authority in the field of finance with more than 25 years experience.
An entertaining and informative speaker and trainer, Mike is the author of:
- “IFRS Simplified”, which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
- “Sarbanes-Oxley Simplified,” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
- “Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.
