Better Reporting - EY

Delivered in collaboration with:

Better Reporting

EY online, live, interactive IFRS training

Achieving financial reporting excellence

Starting October 2018

These sessions are being delivered for general informational purposes only and are not intended to be relied upon as accounting, tax or other professional advice. Please refer to your advisors for specific advice.

EY Full IFRS Vs IFRS for SMEs seminar3

About Better Reporting 04

Topics covered 05

Fees 14

Calendar 16

Registration and contact 21

Contents

Better Reporting4

About Better Reporting

In order to help organizations deal with the challenges arising from the application of the International Financial Reporting Standards (IFRS), EY teams have developed an online live program that allows you to learn about IFRS standards through live, interactive, online sessions accessible from any location.

When participating in the sessions, you will be connected to a virtual classroom where you can watch the presentation, participate in Q&As, test your knowledge and eventually earn a certificate of attendance or completion.

The online IFRS training sessions will consist of four series:

• IFRS (all standards)

• IFRS for SMEs

• IFRS 16

• IFRS 9 and IFRS 15

What to expect

* Required for Certificate of Completion

** These sessions qualify as CPE/CPD hours for most accounting institutes (subject to the rules of your accounting institute)

Live sessions

Q&As Knowledge checks

Assessment tests*

Certificates of attendanceor completion +

CPE/CPD hours**

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IFRS series (All standards)

Format Date

1. Overview of IFRSs

1.1 Introduction to the IASB and IFRIC. Global update 1 hour 16 October 2018

1.2 Work program and endorsement 1 hour 7 November 2018

1.3 Conceptual framework, part a 1 hour 14 November 2018

1.4 Conceptual framework, part b 1 hour 20 November 2018

1.5 Conceptual framework, part c 1 hour 3 December 2018

1.6 Key requirements of IFRSs, part a 1 hour 17 December 2018

1.7 Key requirements of IFRSs, part b 1 hour 7 January 2019

1.8 Key requirements of IFRSs, part c 1 hour 7 January 2019

+ One test of 10 questions covering the entire theme (to be requested and attempted separately)

+ Certificate of attendance or completion

67 webinars (1 hour each)

2. Presentation of financial statements

2.1 Presentation of financial statements. IAS 1 1 hour 8 January 2019

2.2 Statement of cash flows. IAS 7 1 hour 8 January 2019

2.3 Accounting policies, changes in accounting estimates, and errors. IAS 8

1 hour 14 January 2019

2.4 Events after the reporting period. IAS 10




Topics covered

*2019 dates will be confirmed in December 2018. Some changes are possible.

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IFRS series (All standards) (cont’d.)

Format Date


3. Group accounting

3.1 Business combinations, part a. IFRS 3 1 hour 15 January 2019

3.2 Business combinations, part b. IFRS 3 1 hour 15 January 2019

3.3 Separate financial statements. IAS 27 1 hour 21 January 2019

3.4 Consolidated financial statements, part a. IFRS 10 1 hour 21 January 2019

3.5 Consolidated financial statements, part b. IFRS 10 1 hour 22 January 2019

3.6 Investments in associates and joint ventures. IAS 28 1 hour 22 January 2019

3.7 Joint arrangements, part a. IFRS 11 1 hour 28 January 2019

3.8 Joint arrangements, part b. IFRS 11 1 hour 28 January 2019

3.9 Disclosure of interests in other entities. IFRS 12 1 hour 4 February 2019

3.10 The effects of changes in foreign exchange rates, part a. IAS 21 and IFRIC 22

1 hour 4 February 2019

3.11 The effects of changes in foreign exchange rates, part b. IAS 21 and IFRIC 22


3.12 Financial reporting in hyperinflationary economies. IAS 29 and IFRIC 7


+ One test of 10 questions covering the entire theme (to be requested and attempted separately)+ Certificate of attendance or completion

4. Quoted entity reporting

4.1 Operating segments, part a. IFRS 8 1 hour 12 February 2019

4.2 Operating segments, part b. IFRS 8 1 hour 12 February 2019

4.3 Earnings per share. IAS 33 1 hour 18 February 2019

4.4 Interim reporting. IAS 34 and IFRIC 10



Topics covered (cont’d.)


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6. Assets and liabilities

6.1 Inventories. IAS 2 1 hour 18 March 2019

6.2 Property, plant and equipment. IAS 16 1 hour 18 March 2019

6.3 Intangible assets. IAS 38 and SIC 32 1 hour 25 March 2019

6.4 Investment property. IAS 40 1 hour 25 March 2019

6.5 Noncurrent assets held for sale, and discontinued operations. IFRS 5

1 hour 1 April 2019

6.6 Leases, part a. IFRS 16 1 hour 1 April 2019

6.7 Leases, part b. IFRS 16 1 hour 8 April 2019

6.8 Fair value measurement, part a. IFRS 13 1 hour 8 April 2019

6.9 Fair value measurement, part b. IFRS 13 1 hour 23 April 2019

6.10 Provisions and contingencies, and interpretations. IAS 37, IFRIC 1, IFRIC 5, IFRIC 6 and IFRIC 21

1 hour 23 April 2019



Format Date


5. Financial instruments

5.1 Financial instruments. IAS 32 1 hour 25 February 2019

5.2 Financial instruments, part a. IFRS 9 1 hour 25 February 2019

5.3 Financial instruments, part b. IFRS 9 1 hour 4 March 2019

5.4 Financial instruments, part c. IFRS 9 1 hour 4 March 2019

5.5 Financial instruments disclosures. IFRS 7 1 hour 5 March 2019

5.6 Other financial instrument interpretations. IFRIC 2, IFRIC 5, IFRIC 16, IFRIC 17 and IFRIC 19

1 hour 5 March 2019



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Format Date


7. Income and expense

7.1 Employee benefits, part a. IAS 19 and IFRIC 14 1 hour 29 April 2019

7.2 Employee benefits, part b. IAS 19 and IFRIC 14 1 hour 29 April 2019

7.3 Share-based payment, part a. IFRS 2 1 hour 3 June 2019

7.4 Share-based payment, part b. IFRS 2 1 hour 3 June 2019

7.5 Revenue from contracts with customers, part a. IFRS 15

1 hour 4 June 2019

7.6 Revenue from contracts with customers, part b. IFRS 15

1 hour 4 June 2019

7.7 Income taxes, part a. IAS 12, IFRIC 23 and SIC 25 1 hour 13 June 2019

7.8 Income taxes, part b. IAS 12, IFRIC 23 and SIC 25 1 hour 13 June 2019

7.9 Accounting for government grants. IAS 20 and SIC 20

1 hour 25 June 2019

7.10 Borrowing costs. IAS 23 1 hour 25 June 2019

7.11 Impairment of assets, part a. IAS 36 1 hour 1 July 2019

7.12 Impairment of assets, part b. IAS 36 1 hour 1 July 2019




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Format Date


8. Other reporting matters, including specialized industries

8.1 First-time adoption of IFRS, part a. IFRS 1 1 hour 2 July 2019

8.2 First-time adoption of IFRS, part b. IFRS 1 1 hour 2 July 2019

8.3 Exploration for and evaluation of mineral resources,and stripping costs. IFRS 6 and IFRIC 20

1 hour 8 July 2019

8.4 Regulatory deferral accounts, and pension plan reporting. IFRS 14 and IAS 26

1 hour 8 July 2019

8.5 Insurance contracts, part a. IFRS 17 1 hour 9 July 2019

8.6 Insurance contracts, part b. IFRS 17 1 hour 9 July 2019

8.7 Insurance contracts, part c. IFRS 17 1 hour 15 July 2019

8.8 Insurance contracts, part d. IFRS 17 1 hour 15 July 2019

8.9 Agriculture. IAS 41 1 hour 16 July 2019

8.10 Service concession arrangements. IFRIC 12 and SIC 29

1 hour 16 July 2019

8.11 IFRS update — new or amended standards for 2020 and beyond

1 hour 16 July 2019


Final test: comprehensive, series-wide test of 30 questions (to be requested and attempted separately)+ Certificate of completion


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1. Overview of the IFRS for SMEs

1.1 Introduction to the IASB and the IFRS for SMEs 1 hour 16 October 2018

1.2 Small- and medium-sized entities — Chapter 1 1 hour 7 November 2018

1.3 Concepts and pervasive principles — Chapter 2a 1 hour 14 November 2018

1.4 Concepts and pervasive principles — Chapter 2b 1 hour 20 November 2018

1.5 Key requirements of the IFRS for SMEs

One test of 10 questions covering the entire theme (to be requested and attempted separately)+ Certificate of attendance or completion

1 hour 3 December 2018

IFRS for SMEs series

Format Date


2. Financial statement presentation

2.1 Financial statement presentation — Chapter 3 1 hour 17 December 2018

2.2 Statement of financial position — Chapter 4 1 hour 7 January 2019

2.3 Statement of comprehensive income and income statement — Chapter 5


2.4 Statement of changes in equity and statement of income, and retained earnings — Chapter 6


2.5 Statement of cash flows — Chapter 7 1 hour 15 January 2019

2.6 Notes to the financial statements — Chapter 8 1 hour 21 January 2019

2.7 Consolidated and separate financial statements —Chapter 9


One test of 10 questions covering the entire theme (to be requested and attempted separately)+ Certificate of attendance or completion



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IFRS for SMEs series (cont’d.)

Format Date

2.8 Accounting policies, estimates and errors —Chapter 10


2.9 Events after the end of the reporting period —Chapter 32


2.10 Related party disclosures — Chapter 33 1 hour 11 February 2019

2.11 Specialized activities — Chapter 34 1 hour 12 February 2019

2.12 Transition to the IFRS for SMEs, part a — Chapter 35 1 hour 18 February 2019

2.13 Transition to the IFRS for SMEs, part b — Chapter 35



3. Financial instruments

3.1 Introduction to financial instruments. Basic financial instruments, part a — Chapter 11

1 hour 4 March 2019

3.2 Basic financial instruments, part b — Chapter 11 1 hour 5 March 2019

3.3 Other financial instrument issues, part a—Chapter 12 1 hour 18 March 2019

3.4 Other financial instrument issues, part b—Chapter 12



1 hour 25 March 2019

4. Assets and liabilities, and equity

4.1 Inventories and investment property —Chapters 13 and 16

1 hour 1 April 2019

4.2 Investments in associates, and investments in joint ventures — Chapters 14 and 15

1 hour 8 April 2019

4.3 Property, plant and equipment; and intangible assets other than goodwill — Chapters 17 and 18

1 hour 23 April 2019



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IFRS for SMEs series (cont’d.)

Format Date

4.4 Business combinations and goodwill — Chapter 19 1 hour 29 April 2019

4.5 Leases — Chapter 20 1 hour 3 June 2019

4.6 Provisions and contingencies — Chapter 21 1 hour 4 June 2019

4.7 Liabilities and equity — Chapter 22



1 hour 13 June 2019

5. Income and expense

5.1 Revenue — Chapter 23 1 hour 25 June 2019

5.2 Government grants and borrowing costs — Chapters 24 and 25

1 hour 1 July 2019

5.3 Share-based payments — Chapter 26 1 hour 2 July 2019

5.4 Employee benefits — Chapter 28 1 hour 8 July 2019

5.5 Impairment of assets and income tax —Chapters 27 and 29

1 hour 9 July 2019

5.6 Foreign currency translation and hyperinflation —Chapters 30 and 31

1 hour 15 July 2019


Final test: comprehensive, series-wide test of 30 questions (to be requested and attempted separately)+ Certificate of completion




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IFRS 9 and IFRS 15 series

IFRS 16, Leases series

1. IFRS 16 — Leases, part 1 1 hour 16 October 2018

2. IFRS 16 — Leases, part 2 1 hour 7 November 2018



5. IFRS 16 — Leases, part 2 1 hour 3 December 2018

6. IFRS 16 — Leases, part 3 1 hour 17 December 2018

1. IFRS 9 — Financial instruments, part 1 1 hour 16 October 2018

2. IFRS 9 — Financial instruments, part 2 1 hour 7 November 2018



5. IFRS 15 — Revenue from contracts with customers, part 1 1 hour 3 December 2018

6. IFRS 15 — Revenue from contracts with customers, part 2 1 hour 17 December 2018

7. IFRS 15 — Revenue from contracts with customers, part 3 1 hour 7 January 2019

Format Date



Final test: comprehensive, series-wide test of 30 questions (to be requested and attempted separately) + Certificate of completion

Final test: comprehensive, series-wide test of 30 questions (to be requested and attempted separately) + Certificate of completion


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Fees

First session attendance

Free of charge

Other sessions US$75 per

session

Attendance of 25 sessions or moreUS$50 per

session

Additional fees apply for testing

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Calendar

2018October

16 October 2018

► Introduction to the IASB and the IFRS for SMEs (IFRS for SMEs series)

► Introduction to the IASB and IFRIC. Global update (IFRS All standards series)

► IFRS 16 — Leases, part 1 (IFRS 16 series)

► IFRS 9 — Financial instruments, part 1 (IFRS 9 and IFRS 15 series)

December

3 December 2018

► Key requirements of the IFRS for SMEs (IFRS for SMEs series)

► Conceptual framework, part c (IFRS all standards series)


► IFRS 15 — Revenue from contracts with customers, part 1 (IFRS 9 and IFRS 15 series)

November

7 November2018

► Small- and medium-sized entities. Chapter 1 (IFRS for SMEs series)

► Work program and endorsement (IFRS all standards series)



14 November2018

► Concepts and pervasive principles. Chapter 2a (IFRS for SMEs series)

► Conceptual framework, part a (IFRS all standards

series)



20 November 2018

► Concepts and pervasive principles. Chapter 2b (IFRS for SMEs series)

► Conceptual framework, part b (IFRS all standards series)



Note: Online test for IFRS for SMEs, and for Full IFRS, to be activated as soon as a complete series of webinars is delivered..

17 December 2018

► Financial statement presentation. Chapter 3 (IFRS for SMEs series)

► Key requirements of IFRSs, part a (IFRS all standards series)



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2019January

7 January 2018

► Statement of financial position. Chapter 4 (IFRS for SMEs series)

► Key requirements of IFRSs, part b (IFRS all standards series)

► Key requirements of IFRSs, part c (IFRS all standards series)


8 January 2019

► Statement of comprehensive income and income statement — Chapter 5 (IFRS for SMEs series)

► Presentation of financial statements. IAS 1 (IFRS all standards series)

► Statement of cash flows. IAS 7 (IFRS all standards series)

14 January 2019

► Statement of changes in equity and statement of income, and retained earnings — Chapter 6 (IFRS for SMEs series)

► Accounting policies, changes in accounting estimates, and errors. IAS 8 (IFRS all standards series)

► Events after the reporting period. IAS 10 (IFRS all standards series)

15 January 2019

► Statement of cash flows — Chapter 7 (IFRS for SMEs series)

► Business combinations, part a. IFRS 3 (IFRS all standards series)

► Business combinations, part b. IFRS 3 (IFRS all standards series)

21 January 2019

► Notes to the financial statements — Chapter 8 (IFRS for SMEs series)

► Separate financial statements. IAS 27 (IFRS all standards series)

► Consolidated financial statements, part a. IFRS 10 (IFRS all standards series)

February

4 February 2019

► Events after the end of the reporting period —Chapter 32 (IFRS for SMEs series)

► Disclosure of interests in other entities. IFRS 12 (IFRS all standards series)

► The effects of changes in foreign exchange rates, part a. IAS 21 and IFRIC 22 (IFRS all standards series)

11 February 2019

► Related party disclosures — Chapter 33 (IFRS for SMEs series)

► The effects of changes in foreign exchange rates, part b. IAS 21 and IFRIC 22 (IFRS all standards series)

► Financial reporting in hyperinflationary economies. IAS 29 and IFRIC 7 (IFRS all standards series)

12 February 2019

► Specialized activities — Chapter 34 (IFRS for SMEs series)

► Operating segments, part a. IFRS 8 (IFRS all standards series)

► Operating segments, part b. IFRS 8 (IFRS all standards series)

22 January 2019

► Consolidated and separate financial statements — Chapter 9 (IFRS for SMEs series)

► Consolidated financial statements, part b. IFRS 10 (IFRS all standards series)

► Investments in associates and joint ventures. IAS 28 (IFRS all standards series)

28 January 2019

► Accounting policies, estimates and errors —Chapter 10 (IFRS for SMEs series)

► Joint arrangements, part a. IFRS 11 (IFRS all standards series)

► Joint arrangements, part b. IFRS 11 (IFRS all standards series)


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2019

March

4 March 2019

► Introduction to financial instruments. Basic financial instruments, part a — Chapter 11 (IFRS for SMEs series)

► Financial instruments, part b. IFRS 9 (IFRS all standards series)

► Financial instruments, part c. IFRS 9 (IFRS all standards series)

5 March 2019

► Basic financial instruments, part b —Chapter 11 (IFRS for SMEs series)

► Financial instruments disclosures. IFRS 7 (IFRS all standards series)

► Other financial instrument interpretations. IFRIC 2, IFRIC 5, IFRIC 16, IFRIC 17 and IFRIC 19 (IFRS all standards series)

18 March 2019

► Other financial instrument issues, part a —Chapter 12 (IFRS for SMEs series)

► Inventories. IAS 2 (IFRS all standards series)

► Property, plant and equipment. IAS 16 (IFRS all standards series)

April

1 April 2019

► Inventories and investment property —Chapters 13 and 16 (IFRS for SMEs series)

► Noncurrent assets held for sale, and discontinued operations. IFRS 5 (IFRS all standards series)

► Leases, part a. IFRS 16 (IFRS for SMEs series)

8 April 2019

► Investments in associates, and investments in joint ventures — Chapters 14 and 15 (IFRS for SMEs series)

► Leases, part b. IFRS 16 (IFRS all standards series)

► Fair value measurement, part a. IFRS 13 (IFRS all standards series)

23 April 2019

► Property, plant and equipment; and intangible assets other than goodwill —Chapters 17 and 18 (IFRS for SMEs series)

► Fair value measurement, part b. IFRS 13(IFRS all standards series)

► Provisions and contingencies, and interpretations. IAS 37, IFRIC 1, IFRIC 5, IFRIC 6 and IFRIC 21 (IFRS all standards series)

29 April 2019

► Business combinations and goodwill —Chapter 19 (IFRS for SMEs series)

► Employee benefits, part a. IAS 19 and IFRIC 14 (IFRS all standards series)

► Employee benefits, part b. IAS 19 and IFRIC 14 (IFRS all standards series)

February (cont’d)

18 February 2019

► Transition to the IFRS for SMEs, part a —Chapter 35 (IFRS for SMEs series)

► Earnings per share. IAS 33 (IFRS all standards series)

► Interim reporting. IAS 34 and IFRIC 10 (IFRS all standards series)

25 February 2019

► Transition to the IFRS for SMEs, part b —Chapter 35 (IFRS for SMEs series)

► Financial instruments. IAS 32 (IFRS all standards series)

► Financial instruments, part a. IFRS 9 (IFRS all standards series)

March (cont’d)

25 March 2019

► Other financial instrument issues, part b —Chapter 12 (IFRS for SMEs series)

► Intangible assets. IAS 38 and SIC 32 (IFRS all standards series)

► Investment property. IAS 40 (IFRS all standards series)

Calendar (cont’d.)


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2019June

3 June 2019

► Leases — Chapter 20 (IFRS for SMEs series)

► Share-based payment, part a. IFRS 2 (IFRS all standards series)

► Share-based payment, part b. IFRS 2 (IFRS all standards series)

4 June 2019

► Provisions and contingencies — Chapter 21 (IFRS for SMEs series)

► Revenue from contracts with customers, part a. IFRS 15 (IFRS all standards series)

► Revenue from contracts with customers, part b. IFRS 15 (IFRS all standards series)

13 June 2019

► Liabilities and equity — Chapter 22 (IFRS for SMEs series)

► Income taxes, part a. IAS 12, IFRIC 23 and SIC 25 (IFRS all standards series)

► Income taxes, part b. IAS 12, IFRIC 23 and SIC 25 (IFRS all standards series)

25 June 2019

► Revenue — Chapter 23 (IFRS for SMEs series)

► Accounting for government grants. IAS 20 and SIC 20 (IFRS all standards series)

► Borrowing costs. IAS 23 (IFRS all standards series)

July (cont’d)

2 July 2019

► Share-based payments — Chapter 26 (IFRS for SMEs series)

► First-time adoption of IFRS, part a. IFRS 1 (IFRS all standards series)

► First-time adoption of IFRS, part b. IFRS 1 (IFRS all standards series)

8 July 2019

► Employee benefits — Chapter 28 (IFRS for SMEs series)

► Exploration for and evaluation of mineral resources, and stripping costs. IFRS 6 and IFRIC 20 (IFRS all standards series)

► Regulatory deferral accounts, and pension plan reporting. IFRS 14 and IAS 26 (IFRS all standards series)

9 July 2019

► Impairment of assets and income tax —Chapters 27 and 29 (IFRS for SMEs series)

► Insurance contracts, part a. IFRS 17 (IFRS all standards series)

► Insurance contracts, part b. IFRS 17 (IFRS all standards series)

15 July 2019

► Foreign currency translation and hyperinflation — Chapters 30 and 31 (IFRS for SMEs series)

► Insurance contracts, part c. IFRS 17 (IFRS all standards series)

► Insurance contracts, part d. IFRS 17 (IFRS all standards series)

16 July 2019

► Agriculture. IAS 41 (IFRS all standards series)

► Service concession arrangements. IFRIC 12 and SIC 29 (IFRS all standards series)

► IFRS update — new or amended standards for 2020 and beyond (IFRS all standards series)

July

1 July 2019

► Government grants and borrowing costs —Chapters 24 and 25 (IFRS for SMEs series)

► Impairment of assets, part a. IAS 36 (IFRS all standards series)

► Impairment of assets, part b. IAS 36 (IFRS all standards series)


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Contacts

Should you have any inquiries, please contact:

To register, please click here.

Registration and contact

Diane Harfouche

+973 3335 0502

[email protected]

Thuraya Mohamed

+973 1751 4769

[email protected]

Najaf Parkar

+973 1753 5455

[email protected]

https://eytrainingcenter.ey.com/Home/CourseCalendar?Month=9&Year=2018

http://ey.cvent.com/events/ifrs-live-online-training/event-summary-b6208896649b4cfa8b1f915937b9ddfb.aspx

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About EY

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The MENA practice of EY has been operating in the region since 1923. For more than 90 years, we have grown to more than 6,000 people united across 21 offices and 16 countries, sharing the same values and an unwavering commitment to quality. As an organization, we continue to develop outstanding leaders who deliver exceptional services to our clients and who contribute to our communities. We are proud of our accomplishments over the years, reaffirming our position as the largest and most established professional services organization in the region.

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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax or other professional advice. Please refer to your advisors for specific advice.

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