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Regional REPARIS Financial Reporting Community of Practice series

 
Begins:   Apr 28, 2010 14:00
Ends:   Apr 28, 2010 17:00

Regional REPARIS Financial Reporting Community of Practice series

INFO

This GDLN event is part of the Financial Reporting Community of Practice series organized under the Regional Road to Europe Programme of Accounting and Reform and Institutional Strengthening (REPARIS). The presenter is Mr. Michael Wells, Director of the IFRS Education Initiative at the International Accounting Standards Committee (IASC) Foundation, which is the corporate organization responsible for the International Accounting Standards Board (IASB). The moderator is John Hegarty, Head of the World Bank Centre for Financial Reporting Reform.

Event name: "International Financial Reporting Standards (IFRS) for Small and Medium Enterprises (SMEs)"
Date: 28 April 2010
Time: 14:00-17:00 Vienna time (08:00-11:00 EST)
Venues:

Participating Countries
Country

City 

Venue
AlbaniaTirana
World Bank Office-Tirana
BiH

Sarajevo

E-Net Centre Saraevo
BiHBanja LukaUniversity of Banja Luka
CroatiaZagrebCroatian Academic and Research Network (CAR Net)
KosovoPristinaWorld Bank Office - Pristina
MacedoniaSkopjeBritish Council Skopje
MoldovaChisinauAcademy of Sciences of Moldova
MontenegroPodgoricaWorld Bank Office- Podgorica
SerbiaBelgradeBritish Council Belgrade

For additional information, please contact:
Gary Fine, ECA regional GDLN coordinator, gfine@worldbank.org, tel. +1 202 473 4741

 

AGENDA

Session 1. An overview of IFRS for SMEs. A high level overview of the requirements of each of the 35 sections of the IFRS for SMEs will be provided.

Session 2. Intended scope of the IFRS for SMEs and its underlying concepts with case studies. This session will focus on the requirements of the first two sections of the IFRS for SMEs - Section 1 Small and Medium-sized Entities, and Section 2 Concepts and Pervasive Principles.

Agenda of the event (time in Vienna)

Beginning

Duration

End

Speaker

Content

14:00

0:10

14:10

John Hegarty

Introduction of event and a speaker - Michael Wells

14:10

0:45

14:55

Michael Wells

1st Presentation-An overview of IFRS for SMEs

14:55

0:35

15:30

John Hegarty

Q&A on Michael's 1st presentation

15:30

0:05

15:35

John Hegarty

Introduction of second presentation

15:35

0:45

16:20

Michael Wells

2nd Presentation-Scope of the IFRS for SMEs, its underlying concepts, and case studies

16:20

0:35

16:55

John Hegarty

Q&A on Michael's 2nd presentation

16:55

0:05

17:00

John Hegarty

Conclusion and closing

SPEAKERS’ BIOS


Michael Wells, Director, IFRS Education Initiative, International Accounting Standards (IASC) Foundation:

 Michael leads the Education Initiative of the IASC Foundation. He qualified as a South African Chartered Accountant with Ernst & Young before being seconded to work out of the firm's Detroit office. He subsequently joined the academic world, and became the Associate Professor responsible for the financial accounting section of a South African University. He also served as an independent evaluator of professional qualifying examinations. He is a member of a number of international accountancy education advisory groups


John Hegarty, Head, The World Bank Centre for Financial Reporting Reform (CFRR):

John contributes to many World Bank activities and partnerships in the area of corporate sector accounting and auditing, corporate governance and market regulation. John represents the World Bank on the Monitoring Group (where he is Chair of the group assessing the effectiveness of the IFAC governance reforms) and on the Consultative Advisory Groups to the Boards which set international auditing and ethical standards - the IAASB and IESBA. He is also the World Bank observer at the International Forum of Independent Audit Regulators. John was Manager of the World Bank’s Financial Management Unit for Europe and Central Asia for over nine years. Prior to joining the World Bank, he was Secretary General of the Federation des Experts Comptables Europeens (FEE) for over twelve years, and was closely involved in developments in financial reporting regulation at both European and international level. John graduated from University College Dublin in Business Administration, began his career with Andersen, and was admitted as an Associate (later Fellow) of the Institute of Chartered Accountants in Ireland.

READING MATERIAL




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