The new IFRS on leases is expected to have a significant impact on many companies – virtually all leases will now need to be recognised on the balance sheet, with profit or loss and cash flow impacted by new requirements as well.
This workshop introduces the fundamentals of the new standard and some of the practical considerations for implementation.
Participants will have the opportunity to increase their knowledge of the requirements of the new standard, which has introduced a new definition of a lease and new accounting for lessees.
The seminar provides preparers and auditors with an opportunity to learn more about both the theory and practical application in an interactive environment with an expert speaker.
Who should attend
DATES: 20 June
DURATION: 5 Hours
CPD UNITS: 4.5
LOCATION: EIMF Premises, Nicosia
TIME: 14:00 - 19:00
FEES: €140 + VAT
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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.