Organization: Asset Africa Institute
Registration deadline: 31 Jan 2017
Starting date: 06 Feb 2017
Ending date: 08 Feb 2017
Dear Partner,
Asset Africa Institute, (www.assetafrica.co.ke), is pleased to announce the following seminar set to take place in February 2017 in Nairobi, Kenya.
Seminar Title: International Financial Reporting Standards (IFRS) Seminar
Date: 6th -8th February 2017
Venue: Nairobi, Kenya
Need for Seminar
Understanding the requirements of International Financial Reporting Standards (IFRSs), and an appreciation of Corporate Tax Planning Measures is important for any Finance staff involved in preparation of Financial Statements and Tax Compliance & Planning; thus, all Heads of Finance, Reporting Accountants, Other Senior Finance Staff, Risk & Compliance staff and Internal Audit staff must familiarize themselves with the requirements of IFRS if they are to prepare financial statements that are compliant with IFRS Reporting Requirements
This forum is a “must attend” seminar for any finance professional whose functions include producing IFS-compliant financial statements.
Course Objectives
By the end of the seminar, each one of the participants should demonstrate competencies in the following practice areas:
- Improved skills to engage with External Auditors more effectively in coming up with IFRS Compliant Financial Statements
- Understand and apply IFRS requirements, including Accounting Policies and Disclosures
- Understand Financial Statement Presentation and Specific Disclosure Requirements (operating segments, events after the reporting period, statement of cash flows, related parties, changes in accounting policies, changes in accounting estimates, correction of errors and discontinued operations)
- Implement the IFRS Recognition and Measurement rules for Assets, Liabilities, Income and Expenses
- Draw the Distinction between IFRS and IAS
- Correctly identify Upcoming Changes, their Effective Dates and Impact on Financial Presentation, Statement Presentation, Disclosures and Financial Performance Reports
- Correctly identify which Accounting Standards allow alternative treatments when preparing IFRS Financial Statements
- Demonstrate Knowledge of Corporate Tax Planning & Management Tips
- Define what Transfer Pricing is and Related Risks
- Clearly understand the meaning of “Thin Capitalization”, when an Organized is said to be thinly Capitalized, Exposures and Recommended Responses.
Summary Course Content
- Modern Approaches to Presentation of Financial Statements
- Accounting Policies, Changes in Accounting Estimates and Errors
- Property, Plant and Equipment Leases
- Impairment of Assets
- Provisions, Contingent Liabilities and Contingent Assets
- Deferred Tax
- Investment Properties
- Intangible Assets
- Corporate Tax Planning-Implications to Non Profit Organizations
- Transfer Pricing-Highlights
- Thin Capitalization
WHO SHOULD ATTEND?
- Executive Directors, Finance Managers/Officers, Heads of Finance & Treasuries, Grant Managers/Officers, Risk & Compliance Officers, Internal Audit staff, Reporting Accountants
About the Organization
Asset Africa Institute (www.assetafrica.co.ke)-AAI--AAI-) is a top training brand based in Kenya which specializes in the research, design and delivery of high quality and affordable training programs for development workers worldwide. We work with a consultant base of more than 120 highly educated and experienced professionals many of whom are involved in post doctoral research work. Over the years, Consultants at AAI have been sought by such reputable organizations as: Federal University, Birnin Kebbi-Nigeria, African Institute for Capacity Development (AICAD),Norwegian Church Aid-Zambia, ACOMIN-Nigeria, Tear Fund-DRC, CLEEN Organization-Nigeria, Love Botswana Outreach Mission, Islamic Relief-Somalia, National Museums of Kenya, Cornerstone Development-Uganda, International Organization for Immigration (South Sudan), Save Your Generation (SYG)-Ethiopia, Africa Rice Center (Africa Rice)-Benin, Rwanda Union of the Blind, Sasakawa Africa Association-Ethiopia, Harare Institute of Technology, among others.
For more information regarding the training, contact:
Lillian Ateng’
Training Coordinator
Asset Africa Institute
Trust Mansion Hse, Tubman Road off Koinange Street
P.O. Box 12903 - 00100
Nairobi, Kenya
Phone: +254 -722 469454/720986965
Email: info@assetafrica.co.ke/assetafrika@gmail.com
How to register:
To enroll for this training, fill in the registration form attached and then email it to the attention of:
Lillian Ateng’
Training Coordinator
Asset Africa Institute
Trust Mansion Hse, Tubman Road off Koinange Street
P.O. Box 12903 - 00100
Nairobi, Kenya
Phone: +254 -722 469454/720986965