IFRS Transition in Mining
Advanced Strategies for International Financial Reporting Standards Implementation in the Mining Industry
March 23 and 24, 2010
Optional Workshops: March 25, 2010
TORONTO, ONTARIO
Optional Workshop Program Agenda
Thursday, March 25, 2010
9:00 - 12:00
Workshop One
IT Issues and the IFRS Transition
Joshua Cohen, Solutions Consultant, Reval
This workshop will examine issues and problems that affect the transition to IFRS. Canadian GAAP and IFRS are different in more than just the accounting standards: changes to a new system can be daunting. This workshop will answer questions about evolving concerns in the midst of IFRS transition.
- Examining issues in relation to information technology and the IFRS transition
- Mapping out and finalizing infrastructure changes
- Examining IT options for the transition and exploring their pros and cons
- Maximizing output:
- adjusting the general ledger easily
- revising data and amending accounts
- amending tools and formats
- Mapping data output simply and effectively for a smooth transition
1:00 - 4:00
Workshop Two
MD&A Disclosures
Marcus Guenther, Vice-President, FocusROI Inc.
Moving on from topics addressed during the two days of the conference, this workshop examines the standards and practices for your MD&A. MD&A under IFRS involves more extensive disclosures. In this workshop, case studies will be examined and the topic of MD&A under IFRS will be discussed in depth.
- Reviewing MD&A and disclosure under IFRS
- Navigating changes between Canadian GAAP and IFRS disclosures
- Examination of the NI51-102 continuous disclosure obligation in IFRS
- Navigating the principles-based approach
- How to keep stakeholders informed
- Ensuring the appropriate information is disseminated
- How to use IAS 16 (PP&E) to your advantage
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