IFRS For Banks And Financial Institutions

IFRS For Banks And Financial Institutions Gain valuable insights and advice on the principles and application of IFRS as relevant to banks and financial institutions

14 – 16 October 2012 • Jumeirah Emirates Towers Hotel, Dubai, UAE

Top 3 Benefits Of Attending This Course 1. Gain knowledge and understanding of the latest developments in accounting for financial instruments and their application to banks and similar institutions 2. Understand the impact of the adoption of IFRS on global financial reporting 3. Appreciate developments in IFRS that affect the recognition and measurement in the financial statements of international commercial organisations

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IFRS For Banks And Financial Institutions 14 – 16 October 2012 • Jumeirah Emirates Towers Hotel, Dubai, UAE

Meet Your Expert Course Leader Steve Lawrence, MSc, FCCA, has been a full time lecturer for over 25 years during which time he has led seminars and training programmes for students and professional audiences in many parts of the world including London, Moscow, Dubai, Jeddah, Beijing, Mauritius, Rome, Madrid, Cairo, Zagreb, Krakow and Kuala Lumpur. Before becoming a professional lecturer, Steve worked for ten years in various accounting positions in commercial and industrial organisations including PitneyBowes Ltd., Longmans Ltd. and Prudential Assurance.

He has a Masters degree from the London School of Economics and Political Science and is a Fellow of the Association of Chartered Certified Accountants. He has published numerous articles and is the author of textbooks on international accounting and advanced financial accounting.

Course Overview Many countries’ banks and similar financial institutions are required to prepare their annual financial statements in accordance with International Financial Reporting Standards (IFRS).

This has had an immediate and ongoing impact on financial reporting by such business entities.

This three day course is designed to provide an update on the current developments in the adoption and application of IFRS by banks and their commercial clients. The focus will primarily be on developments in the recognition, measurement and disclosure of financial assets and financial liabilities in accordance with IFRS. The course also covers other areas of financial reporting of significance to banking and financial professionals. Practical financial problems will be analysed and a set of published financial statements for a bank, prepared in accordance with IFRS, will be reviewed.

Steve’s main current interest is in the development of the global use of International Financial Reporting Standards and he is involved in this development by training professional accountants for several accountancy bodies including the Association of Chartered Certified Accountants, the Association of International Accountants and the Institute of Chartered Accountants in England and Wales.

Who Should Attend?

Professionals with an interest in IFRS as they apply to banks and financial institutions including: Executive Directors of Finance Accountants Financial Analysts

Would you like to run this course in-house?

Internal Auditors External Auditors Portfolio Managers Bank Managers

The in-house training division of IIR Middle East Tel: +971 4 407 2624 • Email: CTS@iirme.com www.iirme.com/cts

+971 4 335 2437

+971 4 335 2438

Banking Executives Finance Systems Managers

register@iirme.com

www.iirme.com/ifrsbanks

Course Timings Registration will be at 07.30 on Day One. The course will run from 08.00 to 14.30 with two breaks for coffee and refreshments at appropriate intervals; lunch will be served at the end of each course day.

Course Agenda

Leasing • IAS 17: Leases

Financial Instruments

• Current developments

Overview Of Historical Developments

Non-Financial Liabilities • IAS 37: Provisions, contingent liabilities and contingent assets

IAS 32: Presentation • Fundamental definitions, including derivatives

• Current developments

• Debt/equity classifications • Accounting for embedded derivatives

IFRS 13 Fair Value Measurement

IAS 39 And IFRS 9: Recognition And Measurement

Revenue

• Initial recognition

• IAS 18: Revenue

• Classification of financial assets and financial

• Current developments

liabilities • Subsequent measurements • Securitisations IAS 39 And Exposure Draft: Amortisation And

This is what delegates have said about Steve Lawrence’s previous IFRS courses “Informative, well structured and an

Impairment • Expected loss vs. incurred loss models

excellent trainer.”

Ayman Zeyada, Head of Financial Control Department,

IAS 39 And Exposure Draft: Hedging

Arab Petroleum Investment Corp, Saudi Arabia

• Fundamental hedging principles • Fair value hedges

“ Very informative and up-to-date.”

• Cash flow hedges

Sultan Saeed Al Muheiri, Managing Director, Abu Dhabi Distribution Company, UAE

IFRS 7: Disclosures

“One of the best courses that I have

Non-Financial Elements

attended.”

Mohammed I Al Gomia,

Financial Statement Presentation • IAS 1: Financial statement presentation

Head of Budgeting and Reporting, Capital Markets Authority, Saudi Arabia

• IAS 7: Statements of cash flow • IFRS 5: Non-current assets held for sale and discontinued operations Non-Financial Assets • IAS 16: Property, plant and equipment • IAS 38: Intangible assets • IAS 36: Impairment of assets

+971 4 335 2437

+971 4 335 2438

register@iirme.com

www.iirme.com/ifrsbanks

IFRS For Banks And Financial Institutions 14 – 16 October 2012 • Jumeirah Emirates Towers Hotel, Dubai, UAE FIVE WAYS TO REGISTER IIR Holdings Ltd. P.O Box 21743 Dubai, UAE

+971 4 335 2437 +971 4 335 2438 register@iirme.com

www.iirme.com/ifrsbanks

DISCOUNTS AVAILABLE FOR 2 OR MORE PEOPLE CALL – +971 4 335 2483 E-MAIL – a.watts@iirme.com WEB BC4433 Event

Course Fee Before 29 July 2012

Course Fee Before 19 August 2012

Final Fee

US$ 3,095

US$ 3,395

US$ 3,495

IFRS For Banks And Financial Institutions (BC4433) 14 – 16 October 2012

WOULD YOU LIKE TO RUN THIS COURSE INͳHOUSE?

Course fees include documentation, luncheon and refreshments. Delegates who attend all sessions will receive a Certificate of Attendance.

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Avoid Visa Delays - Book Now Delegates requiring visas should contact the hotel they wish to stay at directly, as soon as possible.

Visas for non-GCC nationals may take several weeks to process.

All registrations are subject to acceptance by IIR which will be confirmed to you in writing.

Due to unforeseen circumstances, the programme may change and IIR reserves the right to alter the venue and/or speakers.

Event Venue: Jumeirah Emirates Towers Hotel, Dubai, UAE Tel: +971 4 330 0000 Accommodation Details We highly recommend you secure your room reservation at the earliest to avoid last minute inconvenience. You can contact the IIR Hospitality Desk for assistance on: Tel: +971 4 407 2693 Fax: +971 4 407 2517 Email: hospitality@iirme.com © Copyright I.I.R. HOLDINGS B.V.

SH/ST FN Finance And Accounting

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COMPANY DETAILS

If you are unable to attend, a substitute delegate will be welcome in your place. Registrations cancelled more than 7 days before the Event are subject to a $200 administration charge.

Registration fees for registrations cancelled 7 days or less before the Event must be paid in full. Substitutions are welcome at any time.