This seminar/workshop is organised by the Canadian Institute of Finance and Management (CIFM) and being co-hosted by Rich Consulting, Lagos.
By the end of this year, the need for IFRS specialists in the Nigerian Finance sector will rise more than before:
The Central Bank of Nigeria has told Nigerian banks to adopt the International Financial Reporting Standards by December 2010.
? Nigerian Stock Exchange has also given all companies that are listed on the exchange to adopt the standard by December 2011.
? Some of the financial institutions have already started the adoption of the IFRS. This is seen as a key in restoring confidence to the battered sector.
? The adoption or convergence with IFRS will require significant re-training of local accountants and a change in the general financial reporting culture of businesses in the country. This will be a small price compared to the resultant benefits.
? Impact of IFRS Adoption on Nigerian organisations and their major trading partners (European Union, HongKong, Australia and South Africa) : Increase in the attractiveness for such organizations to do business in Nigeria because of the alignment in the reporting standards as such entities are familiar with IFRS.
? The Accounting Standards Board of Japan has been accelerating its revision of Japanese accounting standards to minimize differences with IFRS standards.
? India is in the process of adopting IFRS.
? Several Middle Eastern countries have adopted IFRS and several more are considering it.
Continous Professional Development Units will be issued at the end of the event
WHO SHOULD ATTEND?
Accountants
Financial analysts
Financial Managers
Portfolio managers
Securities analysts
Credit / investment banking analysts
Senior managers
Auditors
Managers of small and medium-sized enterprises
Tax accountants
Limited Seats are available.
for more details contact:
info@cifmonline.org,
admin@projectpeopleng.org or Call: Goke-08064861659 Ola:08036884322, Femi: 08064512547, Banji: 08062362047
