1. KPMG in BELGiUM
Find your way
through the IFRS
complexity
How can KPMG’s expertise
guide you through the complexity
of financial reporting?
kpmg.be
2. 2 | Section or Brochure name
iFRS standards are continuously evolving. As new
standards are released, old standards are adapted
and new interpretations made. This makes it crucial
for organizations to stay up-to-date on the latest
developments.
The KPMG iFRS institute offers you a clear direction and an
explanation of the game’s new rules, as well as the impact of
the latest developments and upcoming changes. in this booklet
you’ll find a comprehensive training program that is designed to
meet your needs and concerns. Get ready for the upcoming
changes by discovering how our iFRS training offerings can
benefit you.
IFRS training program and more
Ú iFRS Basics 4
Ú Advanced iFRS Modules 6
Ú Tailored iFRS Sessions 8
Ú What our clients say about us 9
Ú Accounting Advisory Services 10
Ú iFRS Publications 11
3. 4 | iFRS iFRS | 5
IFRS You want to or have to convert to IFRS
standards?
Who should attend? Course fee
Basics Members of your organization who want an
introduction to and those who are already
The fee of €1,000 (exclusive of VAT) per
attendee includes the training material,
Our iFRS basics training sessions will help you to
understand the impact of a conversion on your organization. familiar with conversion to iFRS. lunch and refreshments.
not only will your financial reporting be affected, but the
conversion will also influence your iT systems, training and
compensation mechanisms. Date and time Registration
During a two-day training session we will help you to The training takes place over two days, Register today on
understand: Tuesday 24 and Thursday 26 April 2012 www.kpmg.com/be/en/IFRS
from 9:30 until 17:00. The course and and reserve your place!
Ú The scope of iFRS in Belgium training material will be in English.
Ú The differences between Belgian accounting standards
and iFRS Location
Ú The importance of tax planning for iFRS KPMG, Avenue Bourget/Bourgetlaan 40,
Ú The practical consequences of a conversion to iFRS 1130 Brussels
4. 6 | iFRS iFRS | 7
Advanced Do you need to deepen your IFRS knowledge?
IFRS Our advanced iFRS modules are the right choice for you.
Modules They will give you insight into the more complex areas of
iFRS.
For more flexibility, we propose half-and full-day modules
sessions. Choose one of the most relevant topics to your
business and gain valuable knowledge.
Module Date Time
Financial instruments
for corporates
Basic 22 May 2012 9:30 – 12:30
Advanced 22 May 2012 13:30 – 16:30
IFRS for groups 23 May 2012 9:30 – 16:30
(accounting and Who should attend? Course fee
disclosure matters)
€300 (exclusive of VAT) per attendee for a
Income taxes 24 May 2012 9:30 – 12:30 Professionals with a basic knowledge of
half-day session and €500 (exclusive of VAT)
iFRS who want to become more familiar
per attendee for a full-day session. These
with specific iFRS topics.
Leasing 24 May 2012 13:30 – 16:30 fees include the training material, lunch and
refreshments.
Revenue 29 May 2012 9:30 – 12:30
recognition
Date and time
Employee 29 May 2012 13:30 – 16:30 The date and duration of each module is Registration
benefits shown in the table on page 6. The course
Register today on
Differences between 30 May 2012 9:30 – 16:30
and training material will be in English.
www.kpmg.com/be/en/IFRS
IFRS and US and reserve your place!
GAAP
Location
KPMG, Avenue Bourget/Bourgetlaan 40,
1130 Brussels
5. 8 | iFRS iFRS | 9
Industry-specific IFRS seminars IFRS roundtable discussions
Because iFRS isn’t the same to all the We act as a sounding board for
sectors, in spring 2012, we will organize a management and/or the board of directors.
series of industry-specific iFRS workshops We can facilitate roundtable discussions
in cooperation with sector leaders of the during which you’ll gain knowledge
KPMG network in banking, insurance and about the impact of new iFRS standards
real estate. and interpretations, exposure drafts
and upcoming changes. The fee for the
Join our industry-specific iFRS seminars by
roundtable discussion is €250 per hour
emailing us at ifrs-institute@kpmg.be.
(exclusive of VAT). Try this alternative way of
learning more about iFRS by emailing us at
ifrs-institute@kpmg.be.
Company-tailored in-house IFRS
workshops
What our clients say about us:
Your specific needs and interest are
important to us. Therefore, we can organize “Clear examples, well presented, very
tailored iFRS training by combining any of useful, thanks!”
the available modules in half or full training
days. “Nice to get the information on the subject
ahead of time”
Together we will develop a tailored
training program from basic topics to more “Very good speakers and impressed by
advanced and industry-specific topics their knowledge”
covering aspects you consider being most “Just right program length!”
Tailored IFRS breakfast sessions relevant to your business.
IFRS Have you missed a new release of an iFRS standard? We
make sure this will not happen. Throughout the year we
These workshops can be organized at your
premises on a convenient date. They can be
Sessions will organize breakfast sessions during which you will be
informed of the financial reporting implications resulting
conducted in English, Dutch or French.
We apply a flat fee for a session with up to
from the new iFRS standards and exposure drafts.
10 participants:€2,000 for half a day/€3,500
Stay up-to-date and join our iFRS breakfast sessions by for a full day (exclusive of VAT). This includes
emailing us at ifrs-institute@kpmg.be. a preliminary meeting to determine the
program, training material and case studies.
Your company is unique! We will design an
iFRS program that suits the best possible
your organization. For more information,
email us at ifrs-institute@kpmg.be.
6. 10 | iFRS iFRS | 11
Accounting IFRS conversion services Accounting advice Ú Derivatives and hedging
Ú Leasing
Advisory How can we assist you in converting to iFRS or adopting
the new iFRS standards? Our specialists will help ease your
Are you experiencing accounting and
financial reporting issues? Our experts will Ú Debt/equity transactions
Services concerns and guide you through the process by analyzing the
impact it will have on your entire organization.
advice you on regulatory and accounting
standard changes, new policies and Ú Joint ventures
financial reporting implications. Ú Fair value measurements
Our experience and well tested methodology aims at
ensuring that all linkages and dependencies between They can deliver valuable advice on the Ú Revenue recognition
accounting and reporting, systems and processes, people impact transactions could have on your
and business are well established. organisation such as : For more information on iFRS accounting
advice, please contact
Our iFRS conversion management approach will help you, for Ú Business combinations Mieke Vanmarcke - Senior Manager
example, to: (mvanmarcke@kpmg.com).
Ú Consolidation
Ú identify GAAP differences and iFRS disclosure
Ú Securitizations
requirements (Accounting and Reporting)
Ú identify information “gaps” and define new systems
needs (Systems and Processes)
Ú Assess internal reporting and key performance indicators
and communication stakeholders (Business)
Ú Execute training and revise performance evaluation
target (People) IFRS Gain the latest knowledge through iFRS publications and
webcasts on demand. Find out more on our website
For more information on iFRS conversion/transition Publications (www.kpmg.com/be/en/IFRS). Below you will find an
overview of some iFRS topics.
services, please contact Mieke Vanmarcke - Senior Manager
(mvanmarcke@kpmg.com).
For currently effective For new and emerging
requirements requirements
insights into iFRS iFRS newsletters
illustrative Financial Statements new On The Horizon
industry-Specific Publications First impressions