A training program providing you with a completely up-to-date practical analysis of the complex requirements of International Financial Reporting Standards.

1. 01
International Financial
Reporting Standards
(IFRS) Masterclass
A training program providing you with a
completely up-to-date practical analysis of
the complex requirements of International
Financial Reporting Standards
30, 31 March 2016, Lahore.

2. 01
Workshop Objectives
Workshop Agenda
Workshop Methadology
Workshop Outcomes
Who Should Attend ?
Facilitator
Workshop Info
Bring IFRS Training in-House
Cancellation Policy
Upcoming Programs
Where will You Learn ?
IFRS

3. 02
The core IFRS training offers your insight to nearly all the IFRS standards and interpretations
that are currently applicable for preparing financial statements and any upcoming changes
to those standards.
This program explains in detail the changes made and proposed in current IFRS projects. It
reviews several of the more advanced topics in more detail than the IFRS seminar course.
There will also be plenty of opportunity to discuss issues that you may have been having in
your application of the IFRS standards to your transactions and to explore what the most
appropriate treatment might be.
Workshop Objectives
IFRS

4. IFRS
0103
This practical 2-day course
gives you a profound knowledge of
IFRS and covers:
The application of IFRS
The framework for the preparation of financial statements in accordance with IFRS
The most significant standards and interpretations that are currently applicable
Fully up-to-date information that highlights the most recent and newly effective changes
Expected changes to these standards in the near future
Outstanding exposure drafts and discussion papers
What issues are involved in moving from existing IAS to IFRS

5. 01
Introduction and basic principles of IFRS
Framework for the preparation and presentation of financial statements, including recent changes and project updates
Financial statement elements: assets, liabilities, equity, income and expenses
Measurement and recognition principles, including discussion of fair value accounting
Consolidated Financial Statements
Fair value measurement (IFRS 13)
Content of IFRS Financial Statements
Presentation of financial statements (IAS 1)
Statement of cash flows (IAS 7)
Accounting policies, changes in accounting estimates and errors (IAS 8)
Events after the reporting period (IAS 10)
Operating segments (IFRS 8)
Related party disclosures (IAS 24)
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Workshop Agenda
IFRS

6. 01
Earnings per share (IAS 33)
Interim financial reporting (IAS 34 and IFRIC 10)
Discontinued operations (IFRS 5)
Assets
Inventories (IAS 2)
Construction contracts (IAS 11 and IFRIC 15)
Property, plant & equipment (IAS 16)
Borrowing costs (IAS 23)
Intangible assets (IAS 38)
Investment property (IAS 40)
Impairment of assets (IAS 36)
Non-current assets held for sale (IFRS 5)
Liabilities
Leases (IAS 17, SIC-27, and IFRIC 4)
Update on new standard on Leases
Employee benefits (IAS 19 and IFRIC 14)
Provisions, contingent liabilities and contingent assets (IAS 37)
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IFRS

7. Share-based payment (IFRS 2)
Financial Instruments
Financial assets and liabilities, hedging and derivatives (IAS 32, IAS 39, IFRS 9)
Financial instrument disclosures (IFRS 7)
Income Taxes
Income taxes (IAS 12)
Revenue Recognition
Revenue (IAS 18, IFRIC 13 and 18)
Construction contracts (IAS 11)
Revenue from Contracts with Customers (IFRS 15)
The effects of changes in foreign exchange rates (IAS 21)
Business Combinations, Consolidations, Associates & Joint Arrangements
Business combinations (IFRS 3)
Consolidated financial statements (IFRS 10)
Separate financial statements (IAS 27)
Investments in associates and joint ventures (IAS 28)
Joint arrangements (IFRS 11)
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IFRS

8. IFRS
0107
Disclosure of interests in other entities (IFRS 12)
Accounting and reporting by retirement benefit plans (IAS 26)
Financial reporting in hyperinflationary economies (IAS 29)
Transitioning to IFRSs
First-time adoption of IFRSs (IFRS 1)

9. IFRS
0108
Workshop Methodology
Group instruction by expert instructors
Review of the rationale and objective for IASB standards
Description and explanation of IFRS technical requirements in clear and simple language
Use of case studies and real-world examples to illustrate practical application of the standards
Interactive participation is encouraged

10. 0109
Workshop Outcomes
Apply the requirements of the standards to prepare IFRS compliant financial statements, including the determination
of appropriate accounting policies and identification of necessary disclosures.
Define the process of transitioning to IFRS and identify the first time adoption exemption and exceptions relevant
to an organization
Explain how the recognition and measurement principles of the IASB’s Framework apply within each accounting
standard
List the standards that require or permit the use of fair value measurement, identify how fair value is measured
and specify where the fair value changes are recognized
Differentiate between the requirements of current IFRS and proposed changes for the future, including prospects
for global convergence of major national accounting standards
Review of the rationale and objective for IASB standards
Description and explanation of IFRS technical requirements in clear and simple language
Use of case studies and real-world examples to illustrate practical application of the standards
IFRS

11. IFRS
10
Who Should Attend?
CFO’s & Finance Directors
Treasurers
Management Accountants
Financial analysts
Portfolio managers
Securities analysts
Credit analysts
Auditors & Audit Committee members
Investment analysts

12. IFRS
01
Yasir Riaz is a master IFRS trainer and
has conducted numerous IFRS trainings
for private and public entities. He is a
well-known instructor and consultant
specializing in IFRS, GAAP and financial
reportingtrainings.HeisafellowChartered
Accountant of Institute of chartered
Accountants of Pakistan. He is also an
associate member of Information System
Audit and Control Association, and
Association of Certified Fraud Examiner.
Yasir has assisted many large financial
institutions with technical accounting
issues pertaining to complex financial
instruments, including those relating to
hedge accounting, business combination,
financial instruments, consolidation,
deferred taxation and recently issued
IFRS and IFRIC.
He is Senior Partner in a Chartered
Accountantsfirmsince2004.Hehasserved
a numerous clients in several industries
(commercial and manufacturing, not-for-
Facilitator
Yasir Riaz
(FCA, CICA)
profits and government) on various audit
and consulting engagements (statutory
audits, due diligence, reviews of internal
control, fraud investigation, training
programs etc) including multinational listed
companies, public sector entities and
SMEs. He is one of the most recognized
instructor of IFRS in Pakistan and has a
vast experience in training and teaching of
financial reporting, financial management,
and auditing, practical finance for non-
financial executives, and management
development for financial executives. His
comprehensive proficiency, spanning all
the main sectors of the business field
makes him an exceptionally potent, self-
sufficient instructor in any review course
for any one of the above-mentioned
professional titles, since each includes
a large number of diverse subjects that
normally require teaching by different
instructors.
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13. 01
Investment:
Rs. 31,500/- + GST Per Participant
(Lunch, Program Handouts,
Certificate and Networking)
Group discount policy applicable
Payment Method
Direct Credit: Online
Cross cheque/DD in favor of
Transformation Services Pvt Ltd
Workshop Info
Deadline
25 Mar, 2016
Postal Address
Transformation Services Pvt Ltd
Office#17, 3rd Floor, Al-Hafeez Tower,
MM Alam Road, Lahore
Call
+92-335-4020087
+92-4235785573
email
register@transfoserv.com
Website: www.transfoserv.com
Registration Information & To Enroll
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IFRS

14. 13
If any registered delegate cannot attend our course, a replacement is always welcome for the course. Cancellations must be made in writing. Written cancellations must reach
this office 10 days before the program commences. A full refund less an administration charge of Rs.1500 will be given. For any cancellation, requests that reach us less than
10 days before the event, no refunds will be made. However, if you wish to attend another Training course, a 75% discount voucher which values not more than 75% of the
initial payment will be issued.
IIn-house training is an efficient and cost effective way to ensure that your employees are equipped with the knowledge
and skills needed to make a real impact in your organization, training can be arranged for anything from small groups
to entire divisions and takes place at a time chosen by and convenient to you.
We will develop a tailored training program that incorporates topics ranging from basic training modules to more
advanced and industry-specific modules covering aspects most relevant to your business.
For more information on holding this, or any other Training course in-house, please contact:
Muhammad Nadeem at nadeem@transfoserv.com or call +92 335 4020087
Bring IFRS Training In-house
CancellationPolicy
IFRS

15. IFRS
14
Best Practices Internal Auditing
IFRS Master Class (Financial Instruments and Assets/Liabilities)
Combatting Trade Based Money Laundering
Fraud Examination Techniques
Corporate Tax Planning and Management
UpcomingPrograms

16. 01
Where will you Learn?
Royal Palm Golf and Country Club, Lahore
30-31 March 2016,
9:30 am to 5:30 pm
How to access?
www.transfoserv.com
transfoserv
Transfoserv
Design by: www.efolkstudio.com
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