According to RA Law on Accounting all financial organizations’ financial statements must be prepared and presented to state authorities in accordance with IFRS (International Financial Reporting Standards) starting from the January 1, 2010. Starting from January 1, 2011, this same law is applicable for all non-financial organizations whose annual turnover exceeds 100 million AMD. This course will give all relevant information concerning the IFRS implementation.


The trainer

Avetiq Movsisyan is delivering training at IATC Fund since 2000. He has more than 10 years progressive experience of training delivery in accounting standards, (both ASRA and IFRS) and Chart of Accounts for Beginners, Practicing Accountants, IATC Master Course students. He is well informed about the accounting field specifics for banking sector, mining industry, service providers etc.
In 2009 he was invited from the Ministry of Finance of the RA as an expert for the IFRS official translation review committee. Since 2004 he is a licensed accountant.


Course details:

Start of the course:          16 March, 2011    
Time:                              18:00 - 21:00, with 15 -minute break.
Course duration:              51 hours.
Course fee:                    75 000 drams (including VAT).
Registration deadline:      10 January, 2011


Course Syllabus

IAS 1 Financial Statements
IAS 7 Cash flows
IAS 2 Inventory
IAS 16 Property, plant, equipment
IAS 38  Intangible assets
IAS 40 Investment property
IAS 11 Construction contracts
IAS 23 Borrowing cost
IAS 18 Revenue
IAS 8 Accounting policies, estimates and errors
IAS 10 Events after the reporting date
IFRS 5 Discontinuing operations and assets
IAS 17 Leases
IAS 20 Government Grants
IAS 41 Agriculture
IFRS 6 Exploration and Evaluation Mineral Resources
IFRS 3 Business Combinations
IAS 28 Investment in Associates
IAS 31 Joint Ventures
IAS 27 Consolidated Financial Statements
IAS 24 Related Parties disclosure
IAS 21 Changes in exchange rates – general
IAS 29 Financial reporting in hyperinflationary economies
IAS 32 Financial instrument
IAS 32; IAS 39; IFRS 7 Financial instruments
IAS 37 Provisions and contingences
IFRS 4 Insurance Contracts
IAS 19 Employee Benefits
IAS 26 Accounting and reporting by retirement benefit plans
IAS 36 Impairment of assets
IFRS 8 Operating Segments
IAS 33 Earning per share
IAS 34 Interim Financial Statements
IFRS 2 Share based payment
IAS 12 Income tax
IFRS 1 IFRS First time adoption

For further information please contact us at 575940 / 575238.