Annual Report_2017-18_FLIPBOOK PRO_07 Sep 2018
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TECHNICAL SEMINAR ON<br />
NEW INTERNATIONAL FINANCIAL<br />
REPORTING STANDARDS<br />
(IFRS) - <strong>18</strong> AUG 20<strong>18</strong><br />
This was followed by session on Learning for Life: How<br />
learning will keep you competitive in the Global Knowledge<br />
Economy by Mr Navin Valrani, CEO of Arcadia Education<br />
and Board Member of Al Shirawi Group<br />
A Technical Seminar on New International Financial <strong>Report</strong>ing<br />
Standards (IFRS) was organized on <strong>18</strong>th August 20<strong>18</strong> at Roda<br />
Al Bustan, Airport Road. The event started with a session on<br />
overview of IFRS 16 with predecessor IFRS General Principles<br />
& Scope, Identifying, Embedding & Accounting for Leases by<br />
Mr. Yusuf Hassan, Partner - Accounting Advisory Services,<br />
KPMG Lower Gulf Limited, Dubai.<br />
A session on Overview and comparison of IFRS 15 with<br />
predecessor IFRS, General Principles & Scope, the 5-step<br />
model for recognizing revenue, identifying performance<br />
obligations, contract modifications, non-refundable upfront<br />
fees, variable consideration by CA. Abhinav Dhamija,<br />
Associate Director – Accounting Advisory Service, Mayur<br />
Batra Group, Dubai.<br />
Another session was on IFRS 9 – Financial Instruments, Classification<br />
& Measurement, Financial Assets, Impairment, Hedging by Mr.<br />
Zulfikar Unar, Director – Assurance, PWC.<br />
INAUGURATION OF ICAI (DUBAI)<br />
CHAPTER OFFICE IN DIFC -<br />
29 AUG 20<strong>18</strong><br />
BREAKFAST SESSION -<br />
LEARNING IS A JOURNEY -<br />
25 AUG 20<strong>18</strong><br />
A Breakfast meeting was organized on 25th August 20<strong>18</strong> on<br />
the topic “Learning is a Journey” at Roda Al Bustan, Airport<br />
Road. CA Sanjay Manchanda, CEO of Nakheel PJSC<br />
advised members to work hard and improve knowledge on<br />
a regular basis. He has shared his journey in a talk show<br />
with Mr Tariq Qureishy, Founder / CEO of MAD Talks.<br />
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