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IFRS Academy > Shared Documents > ifrsworkshop  


IFRS workshop

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 Who should attend?
This two-day seminar is designed for CFO’s, accountants, audit committee members, finance managers, auditors and information technology managers.
 
This seminar will provide guidance to prepare for a smooth transition to IFRS. Changing to IFRS is a global standardisation to move from a rules-based financial reporting standard to one that is principles-based.

 Objectives and benefits

Learning objective:

The objective of this seminar is to examine the major differences and similarities between local GAAP and IFRS. This presentation will explain and illustrate the effects of these differences on banking financial statements. It will also describe the context in which IFRS are developed, and review the IASB-FASB convergence plan and IASB active agenda items.

Benefits:

  • Individuals will be able to assess their personal development requirements and plan for their further training needs
  • The seminar and learning materials will provide participants with an understanding of how the accounting for assets and liabilities will be different under IFRS
  • They will also provide an appreciation of the accounting choices that companies will need to make before changeover
  • Participants will also be able to assess the effect of those choices on bank financial statements and internal systems
  • Participants will be able to start the process of scoping the level of effort and resource requirements.

 Duration
2 days

 Topics

IFRS AcademyPart 1 - General presentation and non financial assets and liabilities

  • General presentation
  • Disclosure oriented IFRS
  • The IFRS related to structural activities
  •  The product and activity related standards 

Part 2 - Financial instruments : general presentation

  • Financial risk items: general concepts
  • Financial instruments related standards: IAS 37, IAS 18, IAS 32, IAS 39, IFRS 7

Part 3 - Financial instruments : detailed analyis

  • Financial instruments: general concepts and definition
  • Financial instruments: lending and impairment – case study
  • Financial instruments: trading and investment securities
  • Foreign exchange and hedge accounting (fair value and cash flow hedges)

 Trainer

Patrick Jacobs
IFRS Expert

 

Patrick Jacobs is a highly acclaimed speaker, trainer and consultant in bank accounting and management. Patrick started +20 years of experience in the banking world, where he mainly focused on developing and implementing accounting schemes, procedures and methodologies for IAS/IFRS standards as.

Patrick has taught on the subject of bank accounting and performance management, and IAS/IFRS in Belgium, Luxembourg, Kosovo, Poland, Vietnam and China. Patrick holds a Master in Accounting and Finance, and in Translation.

 

 How to register?

Click here for the upcoming seminar dates and locations.

How to registerIf you want to register for one of the IFRS workshops, simply send an email to karien.pype@finarch.com. Please

  • state your contact details (first name, last name, company, job title, telephone number, email address) and
  • indicate which date and location you'd like to attend.

 At your bank

OKFinArch can also organise these workshops in-company at the location of your choice. Contact us for more information.