Seminar- International Financial Reporting Standards (IFRS) & Tax Compliance – February 23rd & 24th, 2012

from Gunther

DIT Approval Reference is DIT/TRN/761

International Financial Reporting Standards (IFRS), & Tax & Compliance Seminar-February 23rd & 24th, Hilton, Nairobi

Understanding of the requirements of International Financial Reporting Standards (IFRSs), and an appreciation of Business Tax Compliance is important for any Finance staff involved in preparation of financial statements. All Heads of Finance, Reporting accountants, Risk & Compliance staff, Internal Audit staff and other senior finance staff must familiarize themselves with the requirements of IFRS and Business Tax Principles if they are to avoid non compliance risks and be effective in production of the financial statements.

Hammond Tutu & Gunther Kenya Ltd will be conducting a two- days Seminar on IFRS and Tax Compliance on February 23rd & 24th, 2012, at Hilton, Nairobi.

This two-days overview is designed to take participants step by step through important IFRS technical issues on specific standards which are commonly applicable. This course provides a detailed overview of the major technical issues encountered when producing IFRS-compliant financial statements. The seminar will also touch on critical Business Taxation Issues especially those that have potential of exposing organizations to punitive non compliance risks. Our expert facilitators explain the principles clearly and simply and also help participants with the practicalities of implementation.

Seminar Details

Date- February 23rd & 24th, 2012

Venue- Hilton, Nairobi

Fees- Kshs 42,500/= Plus VAT per Participant.

Target Group- Heads of Finance, Other Senior Finance staff, Risk & Compliance Officers, Internal Audit staff, Reporting Accountants

Our programs are DIT Approved (Ref DIT/TRN/761), and participants can therefore claim refund from DIT
Participants are issued with a certificate of participation. ICPAK members earn 14 CPE Hours.
Organizations sponsoring more than 3 participants get the 4th to attend free.

Course Benefits
Understand and apply IFRS requirements, including accounting policies and disclosures
Understanding Financial statement presentation and specific disclosure requirements (operating segments, events after the reporting period, statement of cash flows, related parties, changes in accounting policies, changes in accounting estimates, correction of errors, and discontinued operations)
Implement the IFRS recognition and measurement rules for assets, liabilities, income, and expenses
Apply the most recent new and revised IFRS standards on the areas highlighted above
Identify key Business Tax non -compliance areas
Appreciation of Tax Planning & Management practices

Summary course content
IAS 1 Presentation of Financial Statements
IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors
IAS 16, Property, Plant and Equipment
IAS 17, Leases
IAS 36, Impairment of Assets
IAS 37, Provisions, Contingent Liabilities and Contingent Assets
IAS 12, Deferred tax
Business Taxation (Highlights)
VAT (Highlights)
Withholding Tax (Highlights)
Tax Planning & Management

The course answers questions such as:
What are the current IFRS requirements?
When will upcoming changes be effective?
What impact do these changes have on financial statement presentation, disclosures and financial performance reports?
Which accounting standards allow alternative treatments when preparing IFRS financial statements?
What are the key tax non compliance risks is my organization exposed to?
How do you Tax Plan and Manage Tax for your organisation?

Booking Details

You can book this course online by clicking here, or send an email to

For more information regarding the course, email us on the email address shown below, or call us on the numbers indicated below. You can also get more details on this course by clicking here, or visit our website


Contact us
Benson Mwangi or Ryan Kariuki, Liberty Plaza, 5th Floor, Mombasa Road
PO Box 214 – 00618, Nairobi, Tel: 020 2340347, 0704 914506, 0770 174425

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