Training on International Financial Reporting Standards (IFRS)

A 4-day training aimed at upgrading the knowledge of the 23 members of the Board of the Central Bank of Congo on IFRS standards, enabling them to easily approve the Bank’s first financial statements under this framework, which will be submitted to them in September 2024.

• IAS 1 Presentation of Financial Statements

• IAS 2 Inventories

• IAS 7 Statement of Cash Flows

• IAS 16 Property, Plant and Equipment

• IAS 19 Employee Benefits

• IAS 21 The Effects of Changes in Foreign Exchange Rates

• IAS 24 Related Party Disclosures

• IAS 29 Financial Reporting in Hyperinflationary Economies

• IAS 37 Provisions, Contingent Liabilities and Contingent Assets

• IAS 38 Intangible Assets

• IAS 40 Investment Property

• IFRS 1 First-time Adoption of International Financial Reporting Standards

• IFRS 7 Financial Instruments: Disclosures

• IFRS 9 Financial Instruments

• IFRS 13 Fair Value Measurement

• IFRS 16 Leases

• These knowledge will be very useful for the Bank’s transition to IFRS standards.

• The consultant has an excellent command of the subject and is highly professional.

• I believe the training should be extended to more people so that everyone whose work is affected by IFRS knows how to approach it.