Join PwC's 7th Annual IFRS Update to get an update on all of the latest developments in IFRS including new and revised standards effective in 2019 and beyond. In addition, learn about ongoing projects and other developments in corporate reporting around the world and in the region, covering the IASB’s technical agenda and relevant regulations.
Hosted by PwC's world-leading experts in IFRS adoption, implementation and training and using a series of illustrative examples and interactive sessions, this seminar will help you make your CPE/CPD declaration with confidence.
International Financial Reporting Standards are the world’s most widely applied accounting standards and are constantly evolving.
This one-day seminar provides an update on all of the latest developments in IFRS including new and revised standards effective in 2018 and beyond. In addition, it will give an update of ongoing projects and other developments in corporate reporting around the world and in the region, covering the IASB’s technical agenda and relevant regulations.
Please check with us directly before making bookings as some of the venue may change. Regional locations of IFRS 2019:
- Abu Dhabi
- Al Khobar
Our annual IFRS Conference is attended by finance professionals from across the Middle East. The conference is a great opportunity to network with fellow audit practitioners, CFOs, finance directors, finance controllers/managers, internal auditors, accountants and financial analysts.
It is also suitable for all professionals who want to stay updated with the latest developments in IFRS and prepare for the impact of those on their business.
Please check with us directly for details on discounts.
- 15% Early bird discount (if paid in full and up to 20 days before event date)
- 25% discount for groups of 4 or more delegates
The discounts cannot be combined.
Course structure may vary per location.
Registration and networking
Welcome and introductions
This has been a busy year for the IASB. We will bring you the highlights of what they have been doing, comments that have been made and indications as to their future plans
IFRS in 2019
Changes to IFRS with implementation in 2019 including:
- Amendment to IFRS 9 - Prepayment features with negative compensation
- Amendment to IAS 28 - Long term investments
- Amendments to IAS 19 - Plan amendment, curtailment or settlement
- Annual improvement projects implemented in 2019
IFRS 16 Leases: As the impact of this standard is felt around the world we will look at the issues that organisations are facing, how implementation approaches have differed as well as a deeper dive into some of the technical aspects causing difficulties such as incremental borrowing rates, lease term impact of renewals and terminations. IFRS 16 is far more than an adoption exercise, lease contracts require ongoing review and can require adjustments in future periods.
IFRS 16 case study. A comprehensive leasing case study
(Country specific agenda): VAT Mini Update
Covering the major changes to the VAT legislation and regulation since VAT was introduced. Please check with us to confirm if this topic will be included in the city that you wish to attend the IFRS conference in.
(Country specific agenda): Preparation for VAT
With VAT being introduced this session will briefly cover how VAT works, what preparations should be made and what the current status is. Please check with us to confirm if this topic will be included in the city that you wish to attend the IFRS conference in.
(Country specific agenda): Tax update
Covering the recent changes to VAT regulations, Excise tax and transfer pricing rules affecting organisations in the region. Please check with us to confirm if this topic will be included in the city that you wish to attend the IFRS conference in.
(Country specific agenda): Data in the Middle East
Covering the importance of data to the finance function and beyond, how to protect it and the status of regulations around data privacy and security. Please check with us to confirm if this topic will be included in the city that you wish to attend the IFRS conference in.
Refresh and remind
IAS 36 Impairment of assets - focusing on the value in use test, goodwill and central assets included at the cash generating unit level
IFRS 15 Revenue from contracts with customers - focusing on further adoption and audit issues identified since adoption
IFRS 9 Financial instruments - focusing on the expected credit loss model for corporates, hedge effectiveness assessment and rebalancing
Changes in 2020 and beyond
Covering new standards and amendments to existing ones which come into effect in 2020 and beyond including:
- IFRS 17 Insurance contracts
- IFRS 3, IAS 1, IAS 3
There are no scheduled dates for this course. Fill out the form to check future dates or deliver the course in-house