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Fundamentals of International Financial Reporting Standards

By: Nigerian Institute of Management (Chartered)

Kano State, Nigeria

07 - 11 Dec, 2015  5 days

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Public and Private companies around the world are increasingly required to publish financial statements which comply with International Financial Reporting Standards (IFRS). It is designed to help managers and non-professional accountants understand their role in evaluating IFRS statements and the impact IFRS could bring to their organizations.

Content

  • An overview of IFRS – Conceptual Framework
  • Summary of changes between IFRS and Nigerian GAAP
  • Fair values vs historical costs
  • Key accounting changes
  • Increases in professional judgment and disclosures
  • New presentation format for financial statements
  • Impact of IFRS on financial statements
  • Deadlines for adoption in Nigeria
  • Items of concern during the year of transition
  • Impact of IFRS on senior executives and Board members

Who should attend

Non-Finance Managers, Unit Heads, Accounts Officers, and those interested in understanding the basics of IFRS.

NIM Management Centre, 79, Club Road, (Near Customs Area Office) Bompai, Kano Kano State. Dec 07 - 11 Dec, 2015
Members - NGN105,000.00, Non members - NGN115,000.00
(Convert Currency)

064 -959262, 08052597230