Practical Application of IFRS
Course Feature
Class Description
Course Objective
To provide participants’ with an up to date, practical and detailed knowledge of the new International Financial Reports Standard relevant to financial institutions and how they are interpreted and applied.
Course Content
- Overview of International Financial Reporting Standards (IFRS) conversion process
- A walkthrough of first time adoption to IFRS
- Presentation of financial statements and disclosures of financial instruments
- From Accounting gaps to information sources
- How to identify the impact on information systems
- Banking accounting differences and respective systems issues
- Harmonization of internal and external reporting
- Stakeholder analysis and communications
- Benefits of IFRS
- Application of IFRS to practical accounting problems
- IFRS banking accounting and reporting issues
- Capital Markets, Governance and Regulation
- Practical IT Implementation Considerations in IFRS
- IFRS Recent issues and possible future changes
Target Group
Onsite and offsite surveillance officers and policy officers responsible for review and analysis of financial returns.
Venue: Nairobi