The IASB and IFRS Foundation are conducting workshops to 'train the trainers' on the IFRS for SMEs. Most workshops are three days duration, eight contact hours per day. Upcoming workshops will be held in Kazakhstan, Singapore and St. Kitts (Caribbean). Several others are in the planning stage for 2011
Kazakhstan
Date 11–13 January 2011
Location Astana, Republic of Kazakhstan
Instructors Michael Wells and Andrei Bursuioc (Financial Management Specialist, CFRR, World Bank)
Languages English and Russian (simultaneous translation)
Sponsoring Organisation The World Bank together with the Ministry of Finance Kazakhstan.
Click here for more information about the World Bank's Joint Economic Research Program (JERP) for Kazakhstan.
Singapore
Date 24–26 January 2011
Location Singapore
Instructors Michael Wells and Paul Pacter
Language English
Sponsoring Organisation Accounting Standards Council (ASC) and the Institute of Certified Public Accountants of Singapore (ICPAS) as its strategic partner. For more information about the workshop
click here.
Concurrent Public Seminar. Concurrently with the 3-day Train the Trainers workshop the ASC plans to hold a half-day public seminar in Singapore on the IFRS for SMEs. The seminar will be held on 26 January 2011, from 2:00pm to 6:00pm at the Suntec International Convention and Exhibition Centre, Meeting Rooms 303 & 304 (Address: 7 Raffles Avenue, Singapore 039 593). For more information
click here.
Caribbean
Date 16–20 May 2011
Location St Kitts
Instructors Mary Barth, Robert Garnett, and Michael Wells
Language English
Sponsoring Organisation The Eastern Caribbean Central Bank with the support of a World Bank-financed project
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Bahamas. The Council of the Bahamas Institute of Chartered Accountants (the regulatory body for the accounting profession in the Bahamas) has adopted the IFRS for SMEs as an option for all companies in Bahamas that do not have public accountability. Alternatively, the companies may choose to use full IFRSs.
Peru. By Resolution No. 045 ‐2010 ‐EF‐94 (25 November 2010), the Peruvian Accounting Standards Council (Consejo Normativo de Contabilidad) has adopted the IFRS for SMEs starting 1 January 2012. It must be applied by all Peruvian companies except those whose securities are publicly traded, banks, and large unlisted companies.
Nepal. The Institute of Chartered Accountants of Nepal has proposed to adopt the IFRS for SMEs effective 1 July 2011.
Zimbabwe. The Zimbabwe Accounting Practices Board, which is the national standards setting body, and the Public Accountants and Auditors Board, which is the regulatory board for the accounting profession in Zimbabwe, have formally adopted the IFRS for SMEs as the second accounting reporting framework for use in the country, by eligible entities, with effect from 1 January 2011.
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