Theme: Transparency in Financial Reporting
Overview
International Financial Reporting Standards are sets of common framework and rules for creating financial statements which if followed allow a company to provide information to existing and potential investors and creditors, as well as decision makers and other stakeholders such as employees and customers. Financial transparency enables an outsider to easily read and understand the financial statements of a company as well reduce the risk of losses due to lack of availability of information or information uncertainty.
With this regard ICPA has organized a two day workshop to discuss selected IFRS and delve into reporting requirements necessary to enhance transparency in financial reporting in a an economy that is currently suffering from lack of availability of important information and sudden business collapse.
Topics to be discussed are:
- Fire Award 2015 Report
- Measuring Financial Performance (IAS 8, 24, 33; IFRS 2, 5)
- IAS 34: Interim financial reporting
- Disclosure and Corporate Governance
- Liabilities, Provisions and Contingencies ( IAS 10, 12, 37)
- Consolidated Financial Statements – IFRS 10
Target Audience
Preparers of IFRS financial statements, Auditors, Accountants not directly responsible for financial statement preparation, Audit committee members of public and private entities that require a reasonable knowledge of IFRS, Academia
Charges: Kshs. 12,950 and Kshs. 22, 950 for ICPAK members and non members respectively. 14 CPD Hours will be awarded to members in attendance.
