UPCOMING COURSES & EVENTS
International Symposium on China Accounting Reform and Development
15 – 16 December, 2003
Dali, Yunnan Province, Peoples Republic of China
The major accounting seminar for China in 2003 covering both private and public
sector accounting issues – presided by Dr Liu Yuting, Director General, Accounting
Regulatory Department, Ministry of Finance, P.R. China. The seminar to be opened by
Madam Feng Shuping, Assistant Minister of Finance, P.R. China, and featuring guest
speakers from the IASB, Hong Kong Society of Accountants, the Australian Accounting
Standards Board and Korean Accounting Standards Board.
Graeme Macmillan, Principal of INTACCAUD, will be speaking on some practical issues
in developing accounting frameworks in Asia from his experience in working with many
governments in the region. These issues cover the importance of enabling preparers
of financial statements to be able to exercise their professional judgement; the
need for independent accounting standards setting bodies; the importance of defining
the reporting entity and the role of training in advancing the accounting
frameworks.
RECENT COURSES
Public Sector Accounting Framework development, Mongolia
24-25 November 2003
Graeme Macmillan and Rob Tkalcevic presented at a seminar conducted by the Mongolian
Ministry of Finance and Economy in Ulaan Baatar on 24 -25 November, 2003. The
seminar, sponsored by the World Bank, was attended by over 100 finance managers and
accountants from the central and regional government, dealt with the government’s
requirements to adopt accrual accounting across the public sector as part of the
financial management reforms under the provisions of the new Public Sector
Management and Finance Law 2003. The seminar included the new fixed asset
regulations issued by Dr Dondog, Director Accounting Policy MoFE, and included a
lively session on implementing the requirements of IPSAS 17, Property, Plant and
Equipment. A quiz session on accounting treatments of fixed assets at the conclusion
of the presentation was popular.
Some photographs from this course:
- Mongolian Accounting Framework Seminar 24 – 25 October, 2003 Audience
- Some active participation
- Dr Dondog, Director, Accounting Development, Ministry of Finance and
Development, addressing the seminar
- A welcome break – participants from Touv Soum (regional government)
- Rob Tkalcevic and translator – IPSAS 1 and 2 presentation IPSASs and ED 23,
Impairment of Assets
Vietnam goes with IPSASs
29th September - 4th October 2003
INTACCAUD principal Graeme Macmillan conducted a week workshop with experts from the
Ministry of Finance, Republic of Vietnam, in Hanoi from 29th September to 4th
October, 2003. The program is sponsored by the World Bank. The Workshop was based
on reviewing the IPSASs, including the new Cash Basis IPSAS released in January
2003. The program covered six of the IPSAS statements in detail including case
studies and syndicate discussion.
The training during the first week consisted of the following topics –
- Introduction and development of the public sector accounting framework
- IPSAS Cash Basis
- IPSASs 1 & 2 – Presentation of Financial Statements and Cash Flow Statements
- IPSAS 4 – The Effects of Changes in Foreign Exchange Rates
- IPSAS 6 Consolidated Financial Statements and Accounting for Controlled
Entities
- IPSAS 9 Revenue form Exchange Transactions
- Summary of all other
Some photographs from this course:
- Vietnam IPSAS Workshop 29/9 – 4/10 2003 Expert group
- Some active participation
