Objectives ► To apply in a practical context, accounting principles and techniques ► To evaluate and apply the requirements of certain IFRS ► To analyse, interpret and report on financial statements and related information to different user groups and stakeholders Who For The course is designed for accounting professionals working in financial and managerial functions in the industrial and commercial sectors (finance directors, controllers and chief accountants). The course presumes knowledge of basic IFRS accounting. Seminar Background The implementation of International Financial Reporting Standards (IFRS) is key to increasing the transparency and comparability of financial information and further enhancing the efficiency of international capital markets. The development of increasingly sophisticated financial markets, which permit companies to trade in newly devised markets and thereby transform their risk profile, is perhaps the single factor in business life that poses the most searching challenge to traditional financial reporting practices.As part of its convergence program, the Saudi Organisation for Certified Public Accountants (SOCPA) has announced its intent to apply International Financial Reporting. Listed entities would be required to report their financial statements under the converged standards for financial periods beginning on or after 1 January 2017. For other entities the earliest date for application shall be for financial periods beginningon or after 1 January 2018. Structure of Course Programme This is a modularized course programme, which will comprise a mixture of lectures, questions and answer sessions, practical exercises and real–life illustrations. Delegates will receive full course materials including practical examples and illustrations.The course will be conducted in Arabic.