Road map to successful IFRS implementation top of the agenda

Published May 25th, 2006 - 11:32 GMT

The Chairman of the Dubai Chamber of Commerce and Industry (DCCI), His Excellency Mr. Obaid Humaid Al Tayer, will inaugurate the World Accounting Summit in Dubai on Sunday, May 28. He will speak about the challenges and opportunities of financial convergence in the region.

This year’s gathering welcomes experts from the ‘Big Four’ global accounting firms, leading regional enterprises, and multinational businesses working in the Middle East.

Delegates will share new perspectives on accounting management, industry updates, and local and international case studies of the successful implementation of International Financial Reporting Standards (IFRS), the new global standard for accounting practice.

Agata Pawlik, Conference Director, IIR Middle East, said: “The World Accounting Summit has broken new ground for the region’s financial standards industry by gathering the world’s most respected experts to discuss the challenges and opportunities of accounting convergence in the context of Middle East economies.”

Pawlik added: “The World Accounting Summit underlines the role of Middle East business as a willing partner in the task of furthering industry best practice. The region is not outside the debate.”

The World Accounting Summit takes place from May 27-31 at Al Murooj Rotana Hotel, Dubai.

The summit welcomes a wide selection of industry speakers, including Robert Garnett, Board Member of the International Accounting Standards Board in the UK; Richard Martin, Head of Financial Reporting at The Association of Chartered Certified Accountants (ACCA); Dr. Habib Al Mulla, Chairman of the Dubai Financial Services Authority (DFSA); and Abbas Ali Mirza, Partner of Deloitte Middle East in the UAE.

This year’s event will receive heads of finance, financial controllers, standards setters and regulators, heads of accounting and administration, finance and information systems managers, and chartered accountants.

The 2006 programme will include industry specific IFRS briefings, and four interactive workshops.

Delegates attending the summit can purchase the ‘IFRS Workbook’ written by Abbas Ali Mirza of Deloitte Middle East and Liesel Knorr, Secretary General of the German Accounting Standards Board, Germany. Both authors will speak at the summit.

To register for the 2006 World Account Summit, visit Walk-in registrations are accepted.

About World Accounting Summit

The World Accounting Summit brings together for the first time in the Middle East, senior representatives from the global standards setters, the major accounting associations worldwide, the principal advisers to multinational companies as well as key users and perpares of financial statements.  This event seeks to aid finance professionals in their efforts to apply IFRS, improve financial reporting and enhance corporate governance.

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About IIR
IIR is the world's leading knowledge and skills transfer company with a global network of 44 companies and 109 operating units. Every year, IIR works with 650,000+ business executives providing them with knowledge and skills through training, conferences, seminars, e-Learning, blended solutions, publications, exhibitions, consulting and mentoring. IIR Middle East's portfolio includes over 350 industry-focused conferences, seminars and specialised training programmes, 15 annual congresses and 10 industry-leading exhibitions

IIR has a well established strong portfolio of tradeshows, including: Gulf Traffic, the region's only show for the traffic and transportation sector, Arab Health, the region's premier exhibition for the healthcare industry; Middle East Electricity, the main regional event for the power sector; Cityscape architectural and planning show; the biannual Motexha fashion and textiles exhibition and PALME - the innovative pro-audio and light exhibition.




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