ASRA / IFRS Special project for “Zangezur Copper Molybdenum Combine” CJSC
Introduction to the project
The objective of this project was to conduct classroom training, on-job training and a limited range of consultation on Accounting Standards, both Armenian (ASRA) and International (IFRS), for the Accounting, Financial and Economic divisions of “Zangezur Copper Molybdenum Combine” (ZCMC).
The course syllabus covers all Accounting Standards of the Republic of Armenia in comparison with current differences in International Financial Reporting Standards. The whole course was covered within 40 hours, and lasted from 10th to 17th of November, 2008 in city Kajaran. The training course was evaluated by participants through feedback. Feedback results show that major part of course participants gained interesting (100%) and useful (76.4%) knowledge.
course syllabus was the following:
Based on the timetable agreed with course organizer, some less relevant topics of accounting area were only briefly overviewed. The remaining topics were covered in details with practical examples and on the job consultations. An overall result of this course satisfies organizer’s expectations and 18 participants among 21 were granted Certificates from IATC Educational Fund.