Training on International Financial Reporting Standards (IFRS)

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.