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  • Executive Learning Program

    Framework for Islamic Accounting Standards and Disclosures

    Date:18th August 2020

    Venue: IBA, City Campus

    Timing: 9:00 am to 5:00 pm

    Register Now! Pay Online
  • Course Details

    IBA Centre for Excellence in Islamic Finance is pleased to offer a one-day intermediate level course on Isla ic Accounting Standards and disclosure requirements in Financial Statements of IFIs. The course is uniquely designed for participants seeking to develop an understanding of the Accounting standards which have been approved by ICAP and implemented by IFIs locally. The course also demonstrates, through case studies and interactive exercises, an understanding of disclosures apt for Islamic modes of financing.

  • Learning outcomes
    • Understand the conceptual framework for Financial Reporting in IFIs (banks and similar institutions)
    • Learn about the Islamic Financial Accounting Standards (IFAS) related to Murabaha, Ijara & Ijara Muntahia, profit and loss
    • distribution for deposits and Diminishing Musharaka (exposure draft)
    • Develop an understanding of the general presentation and disclosure requirements for IFIs
    • Establish a basic level of understanding regarding guidelines for best practices in IFIs as set by AAOIFI's Accounting Standards
  • Who should attend
    • Accountants and Finance
    • Professionals
    • Audit committee members
    • Corporate & Commercial
    • Bankers
    • Auditors
    • Compliance professionals
    • Company Secretaries
    • Shari'ah auditors