Proposals for Better Communication in the Financial Statements – Seeking views from CFA Society India members
- September 8, 2020
- 5:30 PM - 6:30 PM IST
We are pleased to announce the upcoming webinar with Nick Anderson and Aida Vatrenjak on 8th September 2020, 5.30 pm IST.
In this webinar, Nick Anderson and Aida Vatrenjak discuss the International Accounting Standards Board’s (Board) proposed improvements to the way information is communicated in the financial statements. The proposals would result in a new IFRS Standard that sets out general presentation and disclosure requirements relevant for all companies.
Responding to investor demand, the proposals would require more comparable information in the statement of profit or loss (including operating profit) and a more disciplined and transparent approach to the reporting of management-defined performance measures (‘non-GAAP’). These proposals could represent a game changer in the comparability and usefulness of financial statements.
Nick and Aida will provide an overview of the proposals while also answering the following;
- Where can CFA Society India members learn more about the Board’s consultation?
- How would these proposals affect investment analysis?
- How can CFA Society India members provide their views on this consultation?
ABOUT THE SPEAKER:
Ashwini Damani, CFA is a Finance professional with 10 years of experience in a wide variety of roles such as IFRS Implementation, Finalisation of Accounts, Due Diligence, and Corporate Law. He has worked with Big 4 Audit Firms and MNC’s like Lafarge and GE T&D in Financial Reporting and IFRS implementation. He has been cutting teeth in Equity markets since 2007 being an Independent analyst primarily managing personal/family investments. He believes a deep experience in Financial Reporting along with Equity market exposure has allowed him to identify specific accounting issues and lacunae across various sectors/companies. Ashwini currently works with Ratnabali Investments Pvt. Ltd., a family office based in Kolkata. He is a CFA Charterholder and had cleared Chartered Accountancy in his first attempt. He has also done a Certificate Course in IFRS.
CFA Society India members: Free | CFA Level 3 Cleared: INR 100 | CFA program candidates: INR 100 | Others: INR 150
|This event is qualified for 1.0 PL credit hours for CFA Society India members||Global Passport Accredited Programme Allows members of participating CFA societies to attend each other's society events at the local member price|