Overview

This workshop will take the participants through a learning journey where they will be exposed to International Financial Reporting standards updates and their implications and applications.

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Outcome

analyze financial instruments to differentiate between liabilities, equity, or a combination of both


apply the principles for classification, initial recognition, and subsequent measurement of financial assets and financial liabilities in IFRS 9


comply with the new accounting and disclosure requirements for leases


plan for the implications of the new accounting standards for leases


understanding whether the arrangements are within the scope of Ind AS 115

Details

Developed by: Beacon FinTrain

Total Hours: 20 Hrs

Language: English - Bilingual "English & Arabic"

Modalities: 
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Outline

  • Financial Instruments Analysis
  • IFRS 9 Principles Application
  • Lease Accounting Compliance
  • New Lease Standards Planning
  • Scope of Ind AS 115
  • Identifying Performance Obligations

  • IAS 32 Presentation.
  • Recognition & measurement
  • Classification of financial assets & Financial liabilities
  • Business model
  • Measurements
  • Expected credit loss model
  • Derivatives

  • IAS 17 History
  • IFRS 16 main features
  • Lessee accounting
  • Right of use
  • Lease liability
  • Lessor accounting

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Who Should Attend

  • Head of Internal Audit
  • Internal Audit Mangers
  • Internal auditors
  • Finance professionals

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.