IFRS

IFRS

PRICE WHERE

1500 $
IFRS
Early Registration
Riyadh

or groups: 1350 $

WHO SHOULD ATTEND

- CFO's.

- COO's.

- Managers.

- Finance Managers.

- Chief Accountants .

- Accountants.

info@cit.edu.sa
www.cit.edu.sa
Content Details
- Introduction : International Financial Reporting Standards (“IFRS”)

History and Overview of Existing and Future Standards.

- Objectives and Structure of the International Accounting Standards Board

(“IASB”) vs. ("FASB").

- Framework, Demand and First Time Adoption of IFRS.

- US GAAP Convergence to IFRS : Issues, Benefits and Problems of Convergence

FASB & IASB Convergence Projects.

- Technical Accounting and Tax Conversion Issues.

- Balance Sheet.

- Income Statement.

- Presenting Either a Statement of Changes In Equity or a Statement of Recognized

Income or Expense (“SORIE”).

- Statement of Cash Flow.

- Consolidation Criteria and Requirement.

- Inventory.

- Fixed Assets.

- Valuation.

- Revaluation.

- Depreciation.

- Deferred Taxes.

- Contingencies.

- Performing Thorough Assessments.

- Technical Accounting and Tax Implications and Risks.

- Supporting Established Processes and Infrastructure Considerations.

- Adopting Implementation Plans.

What will I learn?

- Why we should learn IFRS ?

- IASB vs. FASB Roles in setting the accounting standards.

- The 17th IFRSs vs. the 41st IASs issued and digest them .

- First Time Adoption of IFRS vs. IFRS Updates.

- Understand the current and potential future requirements of IFRS.

- Apply standards in accordance with IFRS requirements in terms of preparing as IFRS

compliant in financial statements, including the selection of appropriate accounting

policies and related footnote disclosures…

- Understand the recognition and measurement principles as designed by the IASB’s

Framework and comprehending their application within each accounting standard …

- Define and apply the transition process to IFRS and identify the first-time exemptions

that are applicable to the financial statements of a transitioning organization.

- Examine accounting standards that either require or permit the use of fair value

measurement (including comparisons to U.S. Financial Accounting Standards), determining

fair value measurements and financial statement recognition issues and their related

presentation.

- Financial Instruments measurement & presentation.

- Consolidated Financial Statement under IFRS.