CMA conducts workshop on new developments in SLAS (LKAS/SLFRS)

Thursday, 6 February 2014 00:00 - - {{hitsCtrl.values.hits}}

The Institute of Certified Management Accountants of Sri Lanka (CMA) is organising a seminar on “New Developments in SLAS (LKAS/SLFRS)”

on 11 February, 2014, from 2:30 p.m. to 5 p.m. at the Distance Learning Centre SLIDA, 4th Floor, No. 28/10, Malalasekera Mawatha, Colombo 7. CMA Sri Lanka will source personnel from Ernst & Young Sri Lanka’s Financial Accounting Advisory Services (FAAS) and Professional Practice Development (PPD) who possess extensive experience and in-depth knowledge in applying Sri Lanka Accounting Standards equivalent to International Financial Reporting Standards in providing IFRS related consultancy services for large financial services organisations, diversified organisations and multinationals including public sector organisations. The panel consists of IFRS accredited trainers and key note speakers of IFRS forums. Three illustrious speakers will share the theoretical and actual experience in applying and interpreting the key concepts on the following subject matter:

Consolidated financial statements – SLFRS 10
Joint Arrangement – SLFRS 11
Fair Value Measurement – SLFRS 13
Disclosure of interests in other entities – SLFRS 12
Employee Benefits – LKAS 19

This workshop will provide insight into the new ‘control model’ and arrangements that may qualify for consolidation; accounting for joint venture arrangements and impact of equity accounting for joint ventures; disclosures for investment in other entities and minority interest; principles of new fair value measurement standard and amendments in employee benefits standard. Those interested to register should contact Shanthi at the CMA office on 0714 70 55 36 or email [email protected].