CATEGORY TYPE: Finance & Accounting

COURSE NAME:International Accounting and Financial Reporting Standards


UPCOMING EVENTS


START DATE END DATE CITY/COUNTRY PRICE Request
 24-12-2017  28-12-2017  Dammam/Saudi Arabia Register
INTRODUCTION:

 

  • This Program introduces to the international accounting standard related to financial reporting and aim to improve trainees’ skills to apply IFRS in their jobs, though extensive practices and case studies.
OBJECTIVES:
  • Be acquainted with the International Accounting Standards and International Financial Reporting Standards.
  • Know how to implement the IAS / IFRS practically.
  • Gain deep skills and knowledge in dealing with accounting issues.
OUTLINE:

Day One:

 

1-    Framework for the preparation and presentation of Financial Statements:

 

  • Objectives of Financial Statements.
  • Qualitative characteristics'.
  • Accounting Treatment.
  • Presentation and Disclosure.
  • Case study.

 

2-    First Time Adoption of IFRS:

 

  • Key Concepts (Reporting Date, Transition Date).
  • Opening Balance Sheet.
  • Assets.
  • Business Combinations.
  • Presentation and Disclosure.
  • Case study

 

Day Two:

 

Presentation of Financial Management IAS 1:

                        

  • Key concepts( Fair Presentation)
  • Types of financial Statements.
  • Financial Analysis and Interpretation.
  • Case Study

 

Day Three:

 

1-    Cash flow Statement IAS 7

 

  • Key Concepts (Cash, Cash flows Cash Equivalents).
  • Accounting Treatment (Direct Method, Indirect Activities).
  • Operating Activities
  • Investment Activities.
  • Financing Activities.
  • Financial Analysis and interpretation.
  • Case Study.

 

2-    Accounting policies, change in Accounting Estimates and Error IAS  8:

 

  •  Key concepts (Accounting Policies, Change in Accounting Estimates, Prior Period errors).
  • Presentation and Disclosure (Voluntary Change, impending Change, Change in Accounting Estimates).
  • Financial Analysis and interpretation.
  • Case Study.

 

Day Four: 

 

Revenue IAS 18:

 

  • Key concepts (Revenue, fair Value, effective yield).
  • Accounting Treatment ( Measuring Fair value, Sale of good, Services , interest Income, dividends, Uncertainty)
  • Case Study.

 

Day Five:

 

Property, Plant and Equipment IAS 16:

         

  • Key concepts (Cost, fair value, depreciation, Residual value, Useful life).
  • Measuring of Qualifying Assets.
  • Cost Models.
  • Capitalizing Vs Expensing Cost.
  • Case Study.
WHO SHOULD ATTEND:

 • Accounting Department staff (minimum 7 years experience)

DURATION:
    • 5 Day(s)
  •  


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    Mohammed F. Alotaibi
    Sabic

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    Sabic

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    Al-Zamil CoolCare

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    Sabic

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    Sabic

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    Mobily

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    General Authority of Civil Aviation (GACA)

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    Sabic

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    Sabic

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    Al-Suwadi Services

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    Coldstorec Group Of Saudi Arabia

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    Saudi Aramco

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    Al-Suwadi Services

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    Al Khodari Company

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    Al Khodari Company

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    Al Khodari Company

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    Al Khodari Company