The Investment Entities amendments to IFRS 10 were originally issued to provide some requested relief to certain types of company in the form of an exception to consolidation in certain situations. With further changes effective from 2016, questions continue to be asked around which companies meet the criteria.
This seminar takes an in-depth look at the requirements, common questions and recent regulator activity.
This masterclass aims to provide participants with a deeper understanding of the definition of an investment entity in IFRS. This is critical for determining when an exception to producing consolidated financial statements might need to be applied.
Presented in an interactive environment with an expert speaker, preparer and auditor participants will have the opportunity to increase their knowledge of the criteria and characteristics of investments entities, discuss common practical challenges in assessing whether these are met and also increase their awareness of how other companies in the group structure might be impacted.
Who should attend
Participants will receive a certificate for successful participation indicating all topics covered
If you need help completing the online registration form, please give us a call at 2227 4470 or email us at email@example.com
Trainer: Derek Carmichael
Derek is a Chartered Accountant and IFRS specialist with over 20 years of experience in accounting and financial reporting globally. After originally training with Deloitte in Scotland, Derek spent two years in New York with PwC leading the audits of financial statements and internal control of SEC-listed utilities companies. Derek transferred to PwC London in 2006 to lead the audits of several oil & gas and utilities companies, also becoming involved with the development and delivery of IFRS training material.
In 2009, Derek joined PwC’s centre responsible for advising large companies and the global network of accounting consultants in complex IFRS accounting issues. He authored many thought-leadership publications including industry-specific accounting manuals and guides. He also provided training to the global PwC network and presented a number of short videos and a live webcast with IASB staff on the new IFRS 16 Leases and IFRS 9 Financial Instruments standards. Now living in Cyprus, Derek provides training solutions across a range of IFRS topics. He is a member of the Institute of Chartered Accountants of Scotland and holds a Batchelor degree from the Strathclyde University Business School.