Up-to-date
knowledge of Reporting Standards is essential
There are several significant new and
revised International Financial Reporting Standards that are effective for
periods beginning last year, including major new standards on Consolidated Financial
Statements, Joint Arrangements, Disclosure of interests in other entities and
Fair Value measurement and a revised version of IAS 19 Employee Benefits.
Likewise, there are also a
number of other amendments, interpretations and improvements that are effective
for periods beginning or ending in 2014.
There are currently 14 IFRS
and 40 IAS besides IFRIC that have been developed by IASB observed Finbiz’s
Executive Ms. Shainul Bhanji.
FINBIZ Professional Training
Centre has been holding training on IFRS since its adaption in our country and it
now plans to hold tailor-made training programme of two to six days that will enable all those
preparing their financial statements – the year end accounts using IFRS
standards to be well versed in all the important key aspects relating to
accounting and disclosure issues.
Accountants and Auditors
besides other Senior Heads and Directors who are responsible for signing the
financial statements from various sectors such as the Utility Companies, Regulators,
Banks, Microfinance & SACCOS, Insurance, Manufacturing etc., should seek to
attend this important training so as to have detailed insights.
