Professional Documents
Culture Documents
Objectives
Duration
3 days / 24 academic
hours / 24 CPD-units /
21 CPE credits
Required level
of preparation
Prior to this training
we recommend the
participants first
attend our trainings
Conceptual
Framework and
Presentation of
Financial Statements
(IFRS/US GAAP),
Accounting
Estimates in
Preparation of
Financial Statements
(IFRS/US GAAP).
Training methodology
Training is conducted in an interactive form and includes a number of case
studies.
Training participants are provided with specially designed training materials
in Russian language.
Training outline
Day 1
Financial reporting in credit institutions
Financial statements purposes
History, objectives, structure of IASB
Basic principles of financial reporting
IAS 1 Presentation of financial statements
Goal and application of standard
Components of financial reporting
Accuracy of reporting and its accordance with IFRS
IAS16 Fixed Assets
Definition
Definition criteria
Recognition and initial measurement
Subsequent measurement
Depreciation
Disposal
Disclosures
Day 2
IAS 12 Income taxes
Introduction
Concept of deferred taxes
Accounting for deferred taxes: main rules
Presentation and disclosure of deferred taxes
IAS 24 Related party disclosures
Object and field of application of standard
Key terms
Criteria of Related Parties recognition
Requirement for disclosure of information
on associated parties
IAS 7 Cash Flow Statements
Objects and application of standard. Basic terms
Structure of Cash Flow Statement (CFS)
Classification of business activities in order
to compile CFS
Direct method of CFS preparation
Indirect method of CFS preparation
Definition of cash flows (inflows and outflows)
in result of banks operations
IAS 37 Provisions, contingent liabilities
and contingent assets
Provisions definition, recognition
and measurement
Evaluation
Contingent assets and liabilities definition
and recognition
Disclosure
Day 3
IAS 32 and 39 Financial instruments
Definition of financial instruments
Financial assets & liabilities
Classification of financial instruments
Measurement of financial instruments:
Initial recognition
At the time of financial statements
preparation
Derivatives: basis of recognition
Hybrid (combined) financial instruments
Accounting for financial assets write-down
Cancellation of financial instruments recognition
IFRS 7 Financial instruments: Disclosures
Accounting policy
Statement of financial position
Other comprehensive income statement
Disclosure
IFRS 9 Financial instruments
Classification and measurement of financial
instruments.
Certificates
Certificates of the EY Academy of Business.
In-company training
Preliminary analysis of clients training needs,
identification of aims and goals
Training adaptation industry
Flexible approach to training location
and schedules
Report on the training results on request.
How to apply?
Please complete the registration form online
at our web site: ey.com/cis/academy