19 & 20 November 2020 | 9:00 a.m. – 13:00 p.m. | 7 CPD
19 & 20 November 2020 | 9:00 a.m. – 13:00 p.m. | 7 CPD
KPMG Academy offers an enlightening webinar on IFRS Advanced Applications, in an effort to keep its clients informed on IFRS issues and assist them in meeting their yearly CPD requirements. The main objective of this valuable webinar is to refresh participants on the major requirements of the recently adopted International Financial Reporting Standards (i.e. IFRS 9, IFRS 15, IFRS 16 and IFRS 17). Furthermore, the experienced trainers will provide participants with practical examples to support them on the application of the requirements of the respective IFRSs, as well as updates on any recent developments. The Academy’s past webinars on IFRS Advanced Applications received excellent reviews from attendees for both the content and the presenters’ practical knowledge.
By the end of the webinar, participants will be able to:
This webinar is essential for CEOs, financial controllers, finance managers, finance directors, accountants and auditors, who would like to be informed on the major requirement of the recently adopted IFRSs. It will also provide insights to professionals who are involved in the financial statements’ preparation process and/or the provision of compliance services.
*The number of participants is restricted to 28.
Join the webinar (8:30 a.m. – 9:00 a.m.)*
Sessions (9:00 a.m. – 13:00 p.m. including two 15-min break between sessions)
1. IFRS 16 leases (3 hrs)
1. Initial measurement of the lease liability and right-of-use asset
2. Subsequent measurement
2. IFRS 15 revenue: application guidance, transition and disclosures (1 hr & 30 min)
3. IFRS 9 financial instruments (non-financial sector): Classification, measurement and impairment (1 hr & 30 min)
4. IFRS 17 insurance contracts: Scope and general measurement model (45 min)
5. Questions and answers (15 min).
*Note: Please join the meeting 30 minutes prior to the webinar’s start time (join at 8:30 a.m.), in order to make sure that you do not face any connection or other technical issues.
The programme has been approved by the HRDA. Enterprises participating with their employees who satisfy HRDA’s criteria, are entitled to subsidy. Please note that there are limited seats available therefore enrol in this webinar as soon as possible.
If you do not receive our confirmation e-mail regarding your registration, your participation cannot be guaranteed.
€305 + VAT. Net investment after subsidy from the HRDA of €119: €243,95 (including VAT) for all eligible participants*
*Last Date for 10% Early Bird Discount: 29/10/2020
For any queries, please contact Irini Avraam on +357 22 207 460 or at firstname.lastname@example.org.
CPD: This webinar may contribute to Continuing Professional Development requirements. Shortly after the webinar’s date, participants will receive electronically a certificate of attendance confirming the total number of training hours (7 CPD).
Board Member, IFRS 9 and IFRS 17 implementation leader, Audit, KPMG in Cyprus
Pangratios has been working with KPMG in Cyprus since 2003 and became a Board Member in 2017. He holds a BA in Accounting & Finance from Lancaster University and is an Associate member of the Institute of Chartered Accountants in England and Wales.
Pangratios possesses versatile industry experience from the financial services sector, consumer products, as well as more specialised sectors such as the airline transport industry, agriculture and food and beverages. In 2014, he was pivotal in the creation of the KPMG Enterprise and Startups team of KPMG in Cyprus, for which he is currently the team leader.
He is actively involved in the group which provides training and support within KPMG in Cyprus, as well as in the DPP (Accounting) of KPMG in Cyprus, which provides insights, consultation and training on financial reporting issues both internally and externally. He is the implementation leader and contact person on IFRS 17 and IFRS 9 matters of KPMG Cyprus IFRS Helpdesk team. Pangratios is currently the Chairman of the Institute of Certified Public Accountants of Cyprus’ Accounting Committee.
Principal, Audit, Member of DPP (Accounting), KPMG in Cyprus
Niki holds a BSc in Marketing Management and since 2012 she is a member of the Institute of Chartered Accountants in England and Wales (ICAEW). She is also a member of the Institute of Certified Public Accountants of Cyprus (ICPAC) and a member of ICPAC Committee for Listed and Public Interest Entities.
Niki joined KPMG in Cyprus in 2005 and as of 2008 she has been working in the Audit Department. Amongst her audit portfolio clients are private companies and public interest entities which operate mainly in banking, travel and tourism, shipping, retail and international investments in oil and gas sectors.
Niki is a member of DPP (Accounting) of KPMG in Cyprus providing technical support, guidance and advice on IFRS complex technical matters both to clients and KPMG staff. Niki is one of the subject-matter experts for IFRS 16 “Leases”. She is also a regular trainer on IFRSs, delivering training sessions both internally and externally through KPMG Academy.
Principal, Audit, Member of DPP (Accounting), KPMG in Cyprus
Erotokritos joined the Audit Department of KPMG in Cyprus in 2008. His portfolio of clients includes private and public interest entities operating mainly in banking, insurance, investment management and aviation industries.
Erotokritos is a member of DPP (Accounting) of KPMG in Cyprus providing support, guidance and advice on IFRS technical matters both to clients and KPMG staff. He also delivers IFRS training courses internally as well as externally. He is among the subject matter experts for IFRS 16 “Leases”.
Erotokritos is a graduate of the University of Kent with a BSc degree in Economics with Econometrics and a postgraduate of the University of Reading with an MSc degree in Investment Management at the International Capital Markets Association (ICMA) Centre. He is a member of the Institute of Chartered Accountants in England and Wales and a member of the Institute of Certified Public Accountants of Cyprus.
Principal, Audit, Member of DDP (Accounting), KPMG in Cyprus
Michalis has been working in the Assurance Department of KPMG in Cyprus as of 2007. He holds a BA Hons in Accounting and Finance (First Class) from the University of Manchester. He is a member of the Institute of Chartered Accountants in England and Wales and the Institute of Certified Public Accountants of Cyprus as of 2010.
Moreover, Michalis is a member of DDP (Accounting) of KPMG in Cyprus providing support and advice on IFRS technical matters to both clients and staff. He is also a member of the Funds Services Unit team at KPMG in Cyprus and is currently the President of the Institute of Certified Public Accountants of Cyprus Investment Funds Committee.
Michalis has extensive external audit and project management experience across a wide range of industries, with specialisation in the audit of investment funds, public interest entities and private entities. Michalis has been greatly involved in multi-location audits within various sectors of the economy, including financial services, telecom, retail, manufacture, as well as service companies.
Senior Manager, Lead of KPMG Caseware team, Member of DPP (Accounting), Audit, KPMG in Cyprus
Andreas holds a BSc in Accounting and Finance and an MSc in Accounting, Finance and Management. He is a member of the Association of Chartered and Certified Accountants (ACCA) as of 2014, as well as a member of the Institute of Certified Public Accountants of Cyprus (ICPAC).
Andreas joined KPMG in Cyprus in 2011 and since then he has been working in the Audit Department. His portfolio of clients includes private local and international companies across many different sectors.
Andreas is a member of DDP (Accounting) KPMG Cyprus providing technical support, guidance and advice on IFRS technical matters both to clients and KPMG staff. In addition, he is also a lecturer in a well-known private institute in Cyprus for the delivery of ACCA reporting modules since 2015.
Andreas is also the leader of KPMG Caseware team. He is responsible for the coordination of the team, the update and maintenance of KPMG financial statements template, the preparation and delivery of Caseware seminars to KPMG staff and the provision of support to KPMG staff for Caseware technical matters.
Senior Manager, Audit, Member of DDP (Accounting), KPMG in Cyprus
Maria graduated from University of Cyprus with a BSc in Economics. She qualified as an Associate member of the Institute of Chartered Accountants in England and Wales in 2010. In addition, she obtained the Fraud Examiner certification in 2016 from the American Association of Certified Fraud Examiners (ACFE). Maria has been working with KPMG in Cyprus for more than ten years.
Maria has a versatile industry experience in the financial services sector, as well as hotel, manufacturing and retail industries. She has proved to be turning knowledge into value, whilst she is performing on the job training to team members, in order to improve the quality of audit files.
Maria is a member of DDP (Accounting) of KPMG in Cyprus providing insights, consultation and training on financial reporting issues. Maria is among the group of contact persons on IFRS 9 matters of DDP (Accounting) of KPMG in Cyprus.
Manager, Audit, KPMG in Cyprus
Herodotos joined KPMG’s Audit Department in 2011 and currently holds the position of Manager. He is a graduate of the University of Warwick with a BSc (Hons) in Accounting and Finance. In addition, he is a member of the Institute of Chartered Accountants in England and Wales and the Institute of Certified Public Accountants of Cyprus.
Herodotos’ clientele includes listed and non-listed entities from various industries, such as oil and gas, real estate, banking, manufacturing, investment companies and funds.
Herodotos is a KPMG Audit Specialist for US GAAP and a member of DPP (Accounting), providing KPMG staff and clients with technical support on the correct application of IFRS complex requirements. Furthermore, he is a member of the IFRS 9 Accounting Team and amongst his services is the provision of guidance on the correct classification, measurement, impairment of financial instruments, as well as on the recalculation of Expected Credit Loss allowances.
Herodotos is also a member of KPMG’s Department of Professional Practice (Audit) and an accredited KPMG Sampling Specialist. He has been facilitating training courses on audit methodology, sampling and standard Data Analytics to all levels of KPMG professionals.
Assistant Manager, Accounting Advisory Services, KPMG in Cyprus
Christos possesses 5 years of experience in the field of Audit and Accounting Advisory.
More specifically, he has extensive experience in the provision of accounting advisory services related to accounting changes and interpretation on IFRSs, the development of tailored solutions for Mutual Fund accounting and IFRS 9 for non-financials. In addition, Christos has been involved in special projects relevant to banking restructurings and securitisations.
Christos has provided audit services for Listed and other Public Interest Entities in the banking, insurance, mutual funds and technology industries.
Christos seeks to contribute to the financial world by disseminating the medium of exchange of information, which is applicable to the financial sector, i.e. the Accounting Language. Furthermore, he has a particular interest in the eSports industry and hyper-efficient, digital markets.
The programme has been approved by the HRDA. Enterprises participating with their employees who satisfy HRDA’s criteria, are entitled to subsidy.