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International Financial Reporting Standards / Conference

International Financial Reporting Standards The International Accounting Standards Board (IASB) is continuing its drive to improve International Financial Reporting Standards (IFRS) previously known as International Accounting Standards (IAS).

The objective is to develop a single set of high quality, understandable and enforceable global accounting standards.

Now, more than 100 countries globally have adopted/adapted IFRS as their national standards.

It is also amazing to note that 200 out of the Fortune 500 conglomerates prepare their financial statements using IFRS. Therefore, learning to apply these standards properly is no more a luxury but is a necessity for every accountant, auditor, financial analyst and financial professional these days.

In 2005 it was made mandatory for all listed companies in the European Union (EU) to prepare their consolidated financial statements in conformity with IFRS and according to recent media reports more than 8,000 listed companies in the EU presented their consolidated financial statements using IFRS.

Even if it is not legally binding to do so, many companies in the Middle East have decided to follow IFRS principles as part of their best practice procedures.

The correct adoption of IFRS promises organisations many benefits including enhanced investor confidence, greater consistency and transparency of financial reporting as well as the ability to compare financial information from companies around the world.

Ensure you are fully aware of all the recent developments in international accounting by attending this valuable five day training programme – IFRS led by expert instructor, Steve Lawrence.

With extensive experience in both the European and Middle East markets, Steve will guide you through the essential components of IFRS and IAS. Special attention will be given to Accounting for Financial Instruments Under IFRS 7, IAS 32 and 39.

This highly effective course will ensure you have the complete information on how to successfully implement IFRS in your organisation!<

Location : Crowne Plaza Hotel, Dubai
Country : UAE
Start Date : Jun 29, 2008
End Date : Jul 03, 2008
Sectors : Economy
Business/Finance
Organizer : IIR Middle East
** To register please Click Here


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