On 27 September, KPMG in Azerbaijan hosted the annual IFRS Update for clients at the Four Seasons Hotel.
On 27 September, KPMG in Azerbaijan hosted the annual IFRS Update for clients at the Four Seasons Hotel.
The workshop commenced with a welcoming speech from Nasiba Muradkhanova, Audit Senior Manager at KPMG in Azerbaijan, after which Grigory Uvarov, Senior Manager at the Department of Professional Practice of KPMG in Russia and the CIS presented the overview of the recent changes in IFRS .
During the event Grigory covered practical issues related to application of new IFRS on Revenue, Lease and Financial Instruments and spoke about new standards and amendments effective from 2019.
More than 50 experts from accounting, finance and internal audit departments of the companies engaged in preparing IFRS financial statements attended the event.