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PwC’s Annual IFRS Update 2020 - KSA
15 November 2020, Riyadh
PwC’s Annual IFRS Update 2020
PwC’s Annual IFRS Update 2020

International Financial Reporting Standards are the world’s most widely applied accounting standards and are constantly evolving. Our one day Annual IFRS Update conference will provide you with an update on all the latest developments and trends in IFRS globally and regionally from the world’s internationally acclaimed IFRS expert speakers.

PwC’s Annual IFRS Update 2020 - KSA
15 November 2020, Riyadh

This one-day seminar provides an update on all of the latest developments in IFRS that are most relevant to the Oman economy and are effective in 2020 and beyond. Whilst there are no new standards relating to the global Covid-19 pandemic, the application of existing standards to organisations based in Oman will be covered in depth during the session. It will also address the new application issues within several standards that have arised due to Covid-19.

In addition, this seminar will cover ongoing projects and other developments in corporate reporting 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 using a series of illustrative examples and interactive sessions, this seminar will help you make your CPE/CPD declaration with confidence. The session will also include a guest appearance from our Tax experts with an update on VAT, Excise tax, Corporate tax and BEPS update and the Job security fund.

PwC’s Annual IFRS Update 2020 - KSA
15 November 2020, Riyadh

This session is suitable for:

  • Audit practitioners
  • Chief financial officers
  • Finance directors
  • Financial controllers/managers
  • Internal auditors
  • Accountants
  • Financial analysts 
  • Get 6 CPE credits
  • Get the latest updates in IFRS in the region
  • Get exclusive discounts for our upcoming VAT courses

What's more:

All attendees will get a complimentary seat for our Finance on Target workshops in December; A series of 90 minute events tailored to the specific 'must know' for specific industry sectors.

Gavin Aspden

Gavin is the Regional Director for Professional Development at PwC’s Academy Middle East. He is an expert in International Financial Reporting Standards (IFRSs) specialising in financial instruments and oversees IFRS trainings delivered in the region.

Gavin has delivered IFRS, finance and accounting training programmes to over 21,000 finance and non-finance professionals from over 3,200 organisations in different industries around the world during his twenty years as a trainer. Gavin is a strong advocate of IFRS as the global financial reporting language and remains actively involved in discussions and consultations around the future development and maintenance of the standard.


Omar Al Sharif

Omar  is Oman’s Senior Partner and has over 20 years experience  in the professional services industry. He has led and been involved in major audit engagements prior to heading the advisory group for the Oman office. His clients have been major corporations in the energy, utilities, manufacturing, telecom  and retail sectors. Some of these clients include PDO,  Electricity  Holding Company  SAOC Group of Companies, MTN Yemen, ENI Libya and subsidiaries of major investment companies such as Oman Oil Co SAOC

As relationship partner, Omar works closely with his clients and the PwC delivery teams in ensuring that PwC delivers  a high quality service  so that the client‘s needs are fully met.


Mario Portelli

Mario is our Oman Assurance Partner and one of our most experienced large scale audits in the Middle East. He has over 20 years of financial audit experience, including 10 years as Partner, He is the current engagement leader for the Omran Group as well as heading our assurance services in Oman. He is specialised in financial services and energy audits.

Prior to his assurance leader role in Oman, Mario has been dedicated on a full time basis to the Saudi Aramco audit for five years.


Gaurav Kapoor

Gaurav is a Tax Director at PwC Oman and the Tax Reporting & Strategy Leader for Oman. Gaurav has strong knowledge of the local tax and business environment, including problems faced by inbound investors. Gaurav is strong in all aspects of financial accounting for income tax and has a very sound knowledge of International Financial Reporting Standards.

Gaurav regularly provides trainings (and is also an active speaker) to finance and non-finance professionals from different industries on various tax related matters, including tax implications on IFRS related matters.


Imran Mushtaq

Imran is a VAT Director and leads the indirect tax practice in Oman. He has over 17 years of experience serving clients on international VAT matters. He has extensive knowledge of VAT and indirect taxes in the GCC and has been involved in projects in Oman, Bahrain, Qatar and the UAE. He has strong knowledge of the international tax and business environment.

Imran provides indirect tax consultancy to clients in a wide range of sectors including : oil and gas, land and property, manufacturing, banking and insurance, healthcare, education and the public sector

USD 500*

*Excluding VAT if applicable. discounts are available upon registration. Fee must be paid in full prior to the event

Available discounts*:

  • 10% Corporate discount (paid by company)
  • 15% Early bird discount (if paid in full and up to 20 days before event date)
  • 25% Group discount (on 4 or more participants)

*Discounts cannot  be combined

Course structure


IFRS news from around the region and the world

We will look at the stories behind the press releases from the IASB, what is coming and how it will impact reporting in the future

IFRS for 2020

Covering the new requirements coming into force for 2020 year ends

Behind the mask

Covid-19 has highlighted application issues within a number of standards particularly in Oman where there is substantial reliance on Government contracts, debt covenants, cross defaults and other aspects of the ECL model under IFRS 9 as well as considering the wider impact of IAS 36 Impairment of assets, IAS 37 Provisions, contingent liabilities and contingent assets, IFRS 13 Fair values and uncertainty and judgment disclosures required by IAS 1 Presentation of financial statements

Going concern

What are the accounting, governance and audit requirements and are you meeting them?

Beyond IFRS in Qatar

An update on VAT, Excise tax, Corporate tax and BEPS update and the Job security fund

IFRS for 2021 and beyond

Closing and questions

Want to run this in-house?

There are no scheduled dates for this course. Fill out the form to check future dates or deliver the course in-house

Frequently asked questions

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