ICASL, CBS and ACCA to educate Sri Lanka on IFRS

The Institute of Chartered Accountants of Sri Lanka (ICASL) together with the Centre for Banking Studies (CBS) and the Association of Chartered Certified Accountants (ACCA) of Sri Lanka having understood the significance of financial reporting will conduct a comprehensive series of seminar on International Financial Reporting Standards (IFRS).

Scheduled to be held from 20 - 24 June 2011 at the auditorium of the Centre for Banking Studies, Rajagiriya, the seminar will be given a further boost with the participation of a foreign expert who will articulate in detail the significance of IFRS, adopted by many countries today.

Resource person at the seminar series, Vandana Saxena Poria, who functions as the CEO of Get Through Guides, UK is a specialist in the subject having being involved at various levels in IFRS conversion and implementation in Europe.

IFRS is being adopted on a fast pace across the globe, with many countries applying the standards. At present, over 100 countries require or permit the use of IFRS for publicly traded companies, while other countries have adopted IFRS or its equivalent as their local Generally Accepted Accounting Principles (GAAP).

The seminar series aim to provide an up to date, relevant conversion course giving a detailed knowledge of international reporting standards and how they are interpreted and applied.

Poria is also the founder of Get Through Guides (GTG), a publishing, training and consultancy company specialising in the fields of finance, accounting and management with particular emphasis on IFRS. GTGs client base in India and Europe includes Ernst & Young, KPMG, WNS, Grant Thornton, Genpact, Shell, ICA, ACCA and Cairn Energy.

Registration for the event will be on a first come first served basis, and due to the topical nature of the series, participants have been advised by the organisers to register early.