Hotelier Middle East - HotelierMiddleEast.com

International Financial Reporting Standards (IFRS) and 2011 Update

Back
Scheduled Date: Sunday, November 13, 2011/Thursday, November 17, 2011
Training Provider: Meirc Training & Consulting
Type: Training course
City: Dubai
Country: United Arab Emirates
Sector: Finance
Languages : English

Program Objectives:

By the end of the program, participants will be able to:
* Adopt the language of accounting and finance.
* Develop a sound understanding of the International Financial Reporting Standards (IFRS) and their impact on financial reporting.
* Properly account for assets, liabilities and owners equity.
* Effectively interpret accounting transactions according to IFRS.
* Demystify the interpretation of financial statements and reports.

This Program is designed for:
Professionals in the fields of finance and accounting, and professionals seeking to enhance international accounting knowledge and companies implementing IFRS as the standard of reporting. This program is worth 25 NASBA CPEs.

Program Fees:
Per participant - USD 3700
Frequent nomination - USD 3330
(including coffee breaks and a buffet lunch daily)
One extra free place for every 2 paid nominees on the same program and dates
Discount Plans, Refunds & Cancellations Policy

Meirc reserves the right to alter dates, content, venue and trainer with a reasonable notice time.

Program Outline:

Introduction to IFRS
* Financial Reporting Framework
* The Future Agenda for IFRS
* IFRS: Current Year Update

Statement of Financial Position
* Elements of Statement of Financial Position
* Forms and Format
* Classification of Assets
* Classification of Liabilities
* Classification of Stockholders Equity
* Disclosures

Comprehensive Income
* Concept of Income
* Recognition and Measurement
* Income Statement
* Other Comprehensive Income

Statement of Changes in Equity and Statement of Cash Flows
* Disclosures and Alternatives
* Direct versus Indirect Methods

Financial Instruments - Assets
* Cash and Receivables
* Inventory
* Property, Plant and Equipment
* Intangible Assets
* Investments

Liabilities and Stockholders Equity
* Current Liabilities
* Contingencies
* Long-Term Liabilities
* Accounting for Debt
* Capital, Retained Earnings and Reserves

Revenue Recognition
* Concepts, Rules and Examples
* Revenue Recognition Criteria
* Measurement of Revenue

Pre-requisites
None

Delivery Type
Group-Live


Latest programs

Other Courses in Dubai


Other Courses in Finance


Other Courses from Meirc Training & Consulting


Jobs in Finance


Hotelier Directory »
Search our database of more than 2,700 industry companies

Browse the directory »

ALSO IN HotelierMiddleEast.com »

Front Of House

FOH Interview: Salalah Rotana Resort director of leisure Salah Hashish

Salalah Rotana Resort director of leisure Salah Hashish says maintaining good relations with guests is one of the pillars of hospitality

Read more
Back Of House

New executive chef joins The Ritz-Carlton, Riyadh

Esat Akyildiz started his culinary career at the age of 15

Read more
Food & Beverage

New executive chef joins The Ritz-Carlton, Riyadh

Esat Akyildiz started his culinary career at the age of 15

Read more
People

Movenpick Hotels & Resorts appoints two new GMs for upcoming Dubai hotels

The new general managers will be responsible for leading the pre-opening teams of their respective properties

Read more
Business

Emaar marks milestone of 50 operational and upcoming hotel projects

Emaar has a development pipeline of over 35 projects in the UAE, Saudi Arabia, Bahrain, Egypt, Turkey and The Maldives

Read more
LEISURE

Transformation from ship to hotel complete: QE2 to open in Dubai this week

It houses 224 refurbished rooms and suites, 13 food and beverage venues, 25 meeting and conferencing facilities

Read more