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M25003 - Reducing disclosures for subsidiaries (Online)

  • 5 Feb 2025
  • 09:30 - 11:30
  • Online Webinar

Registration


Register
Registration Time:09:15
Sessions Time: 09:30- 11:30  No Break
Speaker: Mr Georges Xuereb
Venue:   Online Webinar

Participation Fees 
MIA Members: €28
Non-MIA Members: €50.00
Retired Members: €15.00
Students: €20.00

*Group bookings for 3 or more participants available.


BACKGROUND INFORMATION

A subsidiary that does not have public accountability and has a parent that produces consolidated accounts under IFRS is permitted to apply IFRS 19. IFRS 19 allows eligible subsidiaries to apply IFRS with the reduced disclosure requirements of IFRS 19. A subsidiary may choose to apply the new standard in its consolidated, separate or individual financial statements provided that, at the reporting date (i) it does not have public accountability and (ii) its parent produces consolidated financial statements under IFRS. Eligible subsidiaries can choose to apply the standard for reporting periods beginning on or after 1 January 2027, with earlier application being permitted.

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

IFRS 19 — Subsidiaries without Public Accountability: Disclosure

Why is the session of relevance to our members?

The session provides the participants with practical considerations on the application of a newly forthcoming standard

    Target Audience

    Accountants in practice; Accountants specialising in financial reporting

    Speaker's Profile

    Georges Xuereb is a Certified Public Accountant and forms part of the Corporate Accounting Advisory Services team at KPMG Malta, holding the role of a n Associate Director and providing technical IFRS advice and assistance to local and foreign clients operating in various industries. Georges also delivers technical training on IFRS matters internally and to his clients, and lectures the Financial Reporting (FR) and Strategic Business Reporting (SBR) modules which form part of the ACCA qualification.

    EVeNT CPE COMPETENCies

    2 Core

    WEBINARS TERMS AND CONDITIONS

    Terms and conditions  apply


    DISCLAIMER

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    Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.
                   

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