On 24th July 2014, the International Accounting Standards Board (IASB) issued the final version of IFRS 9 incorporating a new expected loss impairment model, this version supersedes all previous versions and is mandatorily effective for periods beginning on or after 1st January 2018.
The extent of the data and transition requirements of IFRS 9 will necessitate the need to gradually move towards its adoption from an early stage. This is because transition is retrospective, whilst still considering the provisions of IAS 8 (Changes in accounting policies, estimates and correction of errors).
This two-day IFRS 9 Masterclass for accounting/finance professionals, will help them develop the required skills to implement IFRS 9 efficiently and report financial statements compliant with the guidance of IFRS (International Financial Reporting Standards).
The practical workshop on the new IFRS 9 standard applicable to Manufacturing, Service oriented, finance and Oil and gas industries, will teach the principles of all applicable new IFRS standards and how to apply the standards in practice using appropriate examples, and participants would be able to interact with our experienced facilitators and draw experience on the application of IFRS.
- Finance Managers
- Treasury Managers