CMA FOUNDATION

Executive Development Program

Certificate Course on IFRS
ISLAMABAD LAHORE KARACHI
December 11, 2010 December 18, 2010 January 08, 2011
ICMAP Centre, Islamabad ICMAP Centre, Lahore ICMAP Head Office, Karachi

Cost and Management

Accountants Foundation
AFFILIATE OF ICMAP
Cost and Management Accountants Foundation (CMAF)
– Executive Development Program
Certificate Course on IFRS
ISLAMABAD LAHORE
December 11, 2010 December 18, 2010
Saturdays & Sundays Saturdays & Sundays
ICMAP Centre, Islamabad ICMAP Centre, Lahore
Cost and Management Accountants (CMA) Foundation is an extended arm of
the Institute of Cost and Management Accountants of Pakistan (ICMAP) to
supplement its efforts in the diversified fields of research, consultancy, capacity
building and other professional tasks that are of relevance not only to the
Management Accountants but also to investors, government agencies,
executives and above all to the general public. CMA Foundation creates
opportunities of growth and learning for the qualified CMAs, CMA students,
professional accountants and other professional and corporate executives. To
fulfill its mission, the Foundation acts as a bridge, linking the profession with the
industry and contributing towards the national economic development.
CMA Foundation organizes capacity building seminars, workshops and training
programs of interest to all corporate executives, particularly the Management
Accountants. Most programs are focused on industry-specific issues, tailor-made
for CMAs employed in the industry, in order to make them play a strategic role of
growth driver, value creator and business facilitator. The Foundation is deeply
committed to strengthen these programs and explore new areas for the benefit of
Management Accountants and the profession.
Course Introduction
IFRS (International Financial Reporting Standards) is a set of accounting
standards developed by International Accounting Standards Board (IASB). The
goal of IFRS is to provide a global framework for how public companies prepare
and disclose their financial statements. IFRS provides general guidance for the
preparation of financial statements rather than setting rules for industry-specific
reporting. Currently, over 100 countries permit or require IFRS for public
companies, with more countries expected to transition to IFRS by 2015.
Many of the standards forming part of IFRS are known by the older name of
International Accounting Standards (IAS). IAS were issued between 1973 and
2001 by the Board of the International Accounting Standards Committee (IASC).
On 1 April 2001, the new IASB took over from the IASC the responsibility for
setting International Accounting Standards. During its first meeting the new Board
adopted existing IAS and SICs. The IASB has continued to develop standards
calling the new standards IFRS.
The Course will cover:
IFRS # 1) First time Adoption of International Financial Reporting Standards; 2)
Share-based Payment; 3) Business Combinations; 4) Insurance Contracts; 5)
Non-current Assets held for sale and discontinued operations; 6) Exploration for
an Evaluation of Mineral Resources; 7) Financial Instruments: Disclosures; and
8) Operating Segments
IAS # 1) Presentation of Financial Statements; 2) Inventories; 7) Statement of
Cash Flows; 8) Accounting Policies, Changes in Accounting Estimates and
Errors; 10) Events after the Reporting Period; 11) Construction Contracts; 12)
Income Taxes; 16) Property, Plant and Equipment; 17) Leases; 18) Revenue; 19)
KARACHI
January 08, 2011
Saturdays & Sundays
ICMAP Head Office, Karachi
Employee Benefits; 20) Accounting for Government Grants and Disclosure of
Govt. Assistance; 21) The effects of Changes in Foreign Exchange Rates; 23)
Borrowing Costs; 24) Related Party Disclosures; 26) Accounting and Reporting
by Retirement Benefit Plans; 27) Consolidated and separate financial
statements; 28) Investments in Associates; 29) Financial Reporting in
Hyperinflationary Economies; 31) Interests in Joint Venture; 32) Financial
Instruments: presentation; 33) Earnings per Share; 34) Interims Financial
Reporting; 36) Impairment of Assets; 37) Provisions, contingent Liabilities and
contingent assets; 38) Intangible Assets; 39) Financial Instruments: Recognition
and Measurement; 40) Investment property; and 41) Agriculture.
Methodology: There will be strong focus on group discussions, group
presentations while personal reflections will be the essence of the workshop.
Additionally there will be slide presentation, role plays and exercises.
Who Should Attend
Professionals, Managers, Supervisors and individuals, from government and
corporate sector organizations and NGOs, who want to enhance their personal
effectiveness through presentations.
Course Facilitator*
Mr. Adeel Ahmad Chughtai (ACMA, ACA): Adeel Ahmad Chughtai is a
Manager in A.F.Ferguson & Co( a Member firm of PricewaterhouseCoopers) -
Assurance and Business Advisory Services (ABAS) group. He has over 13 years
of experience of audit and advisory work for a large number of multinational,
public and private sector entities, financial institutions and non-profit
organizations including Fauji Fertilizer Company Limited, Fauji Fertilizer Bin
Qasim Limited, Fauji Cement Company Limited, Askari Bank Limited , Askari
Leasing Limited , Nokia Siemens Network, Pakcom (Instaphone), Zong (Paktel)
etc. Mr. Chughtai is an Associate member of Institute of Cost and Management
Accountants of Pakistan (ICMAP) and the Institute of Chartered Accountants of
Pakistan (ICAP). He also possesses vast experience in executing and
supervising assignments related to review of internal controls and monitoring,
review and appraisal systems for various Organizations. He also has the
experience of Internal Control documentation assignments in accordance of
COSO framework of various Banks, Due diligence assignments , Review of
banks various polices & Procedures and Review of Internal Audit plans etc.
During the course of audit his principle task to check the compliance that whether
Financial Statements of the Organisations are in accordance with International
Financial Reporting Standards, Companies Ordinance 1984 and Banking
Companies Ordinance 1962 (where-ever applicable) etc.
Currently teaching at ICMAP-Islamabad Campus Advanced Financial
Accounting (Stage 4) level and Financial Reporting (Stage5) level since 2008.
* For Islamabad only. The Course Facilitators for Lahore and Karachi will be
announced later.

Registration Details
CPD Hours : 25 (Total 50 Hours)
Course Fee : CMA Foundation Members: Rs.10,000/-; ICMAP Members: Rs.12,000/-; Others / Non-Members: Rs.15,000/-
Mode of Payment : The fee is to be paid in favour of “CMA Foundation" through a crossed cheque / bank draft / pay order, preferably drawn on any bank
branch of respective cities.
Group Discount : 10% in case of three or more participants from one organization
Early Bird Registration : 10% Early bird discount if registration with payment is received by November 23, 2010
Registration Deadline : December 04, 2010

For further information and registration, please contact as follows:

KARACHI
Ms. Sumeera Nazli,
CMA Foundation
Head Office: ST-18/C, ICMAP Avenue, Block 6,
Gulshan-e-Iqbal, Karachi-75300.
Ph: (92-21) 99243900 (Ext. 107/117), Fax: (92-21) 99243342
E-mail: research@icmap.com.pk
LAHORE ISLAMABAD
Mr. Muhammad Hussain, ACMA Mr. Ghulam Dastagir
CMA Foundation CMA Foundation
ICMAP Centre, 42, Ferozepur Road, Lahore. ICMAP Islamabad Centre, Plot # 16, Sector H/9, Islamabad.
Tel: 042-37538241 (Dir.), 37533045-6 Fax: 042-37589185 Ph: 051-9259104, 9258870-1; Fax: 051-9259103
Email: isb@icmap.com.pk
Email: lhr@icmap.com.pk
 Cost and Management Accountants Foundation (CMAF)
Executive Development Program
Certificate Course on IFRS
ISLAMABAD LAHORE KARACHI
December 11, 2010 December 18, 2010 January 08, 2011
Saturdays & Sundays Saturdays & Sundays Saturdays & Sundays
ICMAP Centre, Islamabad ICMAP Centre, Lahore ICMAP Head Office, Karachi
I/We am/are interested to attend workshop at (please mark):

Islamabad Lahore Karachi

Registration Form
Name : .............................................................................................................................................
Member/Reg. No. : .............................................................................................................................................
Organization : .............................................................................................................................................
Designation : .............................................................................................................................................
Address : .............................................................................................................................................
.............................................................................................................................................
Contact No. : ............................................................... Cell : ....................................................................
Fax No. : ............................................................... Email : ................................................................
Payment Details
Paid through Cheque / DD /PO No. ........................... Dated ......................... Amount ...................................................
Bank Name: ........................................................ Branch ................................................................................................
in account of participation of following (in case of more than one participant, particulars will be submitted on the photocopy
of this Form):
1. ......................................................................................................................................................................................
2. ......................................................................................................................................................................................
3. ......................................................................................................................................................................................
4. ......................................................................................................................................................................................
5. ......................................................................................................................................................................................

Signature: ...................................................................
(By participant/Company's Representative)

ª The fee is to be paid in favour of “CMA Foundation” through a crossed cheque / bank draft / pay order, preferably drawn on any bank branch of respective cities.
ª The management of CMA Foundation reserves the right whether to start or not any course at specified location.

For further information and registration, please contact as follows:

KARACHI
Ms. Sumeera Nazli,
CMA Foundation
Head Office: ST-18/C, ICMAP Avenue, Block 6,
Gulshan-e-Iqbal, Karachi-75300.
Ph: (92-21) 99243900 (Ext. 107/117), Fax: (92-21) 99243342
E-mail: research@icmap.com.pk
LAHORE ISLAMABAD
Mr. Muhammad Hussain, ACMA Mr. Ghulam Dastagir
CMA Foundation CMA Foundation
ICMAP Centre, 42, Ferozepur Road, Lahore. ICMAP Islamabad Centre, Plot # 16, Sector H/9, Islamabad.
Tel: 042-37538241 (Dir.), 37533045-6 Fax: 042-37589185 Ph: 051-9259104, 9258870-1; Fax: 051-9259103
Email: isb@icmap.com.pk
Email: lhr@icmap.com.pk