IFRS Specialists in IFRS & US GAAP training for over 10 years

In association with
for the
Canadian
Oil and Gas
Sector
A TWO-DAY WORKSHOP ON
IFRS FOR THE CANADIAN OIL AND GAS SECTOR

IASeminars is working with Deloitte & Touche LLP and the Institute
of Chartered Accountants of Alberta to provide practical and relevant
IFRS information to the Canadian oil and gas sector.

To that end, we are pleased to inform you about the following

two-day workshop that has been specifically developed for Canadian
public accountable entities in the oil and gas sector, in order to
assist them with the transition from Canadian GAAP to IFRS.

COURSE: 1629

IFRS Workshop for Canadian

Oil & Gas Entities (2-days)
6-7 January 2010, Calgary
This important event provides an opportunity to learn about and
practice essential IFRS conversion considerations and guidelines.
Led by Deloitte IFRS oil and gas experts, delegates can expect to
gain an in-depth understanding of the issues through the completion
of mini case studies and group discussions, all of which focus on
practical application.

The Deloitte team will be led by Blair Kraus, an IFRS oil and gas leader
and an audit partner at Deloitte & Touche LLP in Calgary, Alberta. Blair
has presented a number of advanced oil and gas accounting seminars in
the past, and has also participated in the Canadian Association of
Petroleum Producers (CAPP) IFRS Accounting Task Group.

www.iaseminars.com
Specialists in IFRS & US GAAP training for over 10 years
Course 1629: IFRS Workshop for Canadian Oil & Gas Entities (2 days)

IFRS
Duration (days): Two Instructor(s): Deloitte IFRS oil and gas experts
Location: Calgary Continuing Professional Education (CPE): 16 hrs
Date(s): 6-7 January 2010 Course Fees: See www.iaseminars.com for details

Introduction Prerequisites
Led by Deloitte IFRS oil and gas experts, participants will be No advance preparation is required for this course.
provided with an opportunity to review and practice IFRS
conversion considerations and guidelines using mini case Course Benefits
studies, group discussions and in-depth interactive sessions to Learn about the specific accounting requirements relating to
illustrate important concepts in a practical context to assist with decommissioning liabilities, depletion, cash generating units, and for the
Canadian
the IFRS implementation. more. Oil and Gas
Sector

Topics Teaching Method

Retrospective accounting for opening balance sheet under
IFRS 1 // Determining exploration and evaluation expenditures
// Understanding concept of componentization for oil and gas
property, plant and equipment // Determining depletion, depreciation
and amortization // Identification of cash generating units and
understanding this concept in more detail // Determining
decommissioning liabilities and accounting for subsequent
changes // Practical considerations from planning for the IFRS
conversion process to execution of the process.
• Live group instruction led by Deloitte IFRS oil and gas experts.
• Mini case studies with a practical focus.
• Group discussions and in-depth investigation of topics.
• Description and explanation of IFRS technical requirements.
• All participants receive a comprehensive binder containing copies
of the presentation slides, handouts and other course materials.

For fee information and to register, please visit www.iaseminars.com or email enquiries@iaseminars.com

Other IASeminars Events:

3-4 December 2009

Course 1081: IFRS Technical Update (2-day course)
This two-day course brings delegates up-to-date with IFRSs and IFRICs that were issued, amended or become effective within 12 months,
and presents information on other recent and impending pronouncements. Topics to be covered are finalised in the run-up to the course in
order to be as current as possible.

16-19 February 2010

Course 1010: IFRS Overview (4-day course)
This four-day course provides a detailed overview of the technical issues faced in producing IFRS financial statements. Delegates may
also wish to consider the more expanded Course 1000: IFRS Immersion Workshop (8-day course). The programme covers, through the
use of case studies and exercises: Statement of comprehensive income - presentation and specific disclosures (revenue recognition,
earnings per share, segment reporting, discontinued operations, related parties, accounting policies) | Cash flow statements |
Recognition and measurement of assets (property, plant & equipment, intangible assets, inventories, investment property) including the
accounting treatment of impairment and assets held for sale | Capitalisation of borrowing costs | Accounting estimates and errors |
Provisions/non-financial liabilities (including those for employee benefits) and other liabilities | Leases | Current and deferred taxes |
Investments in associates and joint ventures | Business combinations and consolidated financial statements, including special purpose
entities | Financial instruments, including the treatment of derivatives & hedge accounting | Foreign currency transactions and financial
statement translation | Events after the reporting date | First-time adoption of IFRS | Brief comparisons with other major GAAP (e.g. US
GAAP) and discussion of future developments (Exposure Drafts, Draft Interpretations, Discussion Papers, IASB projects and agenda).

22-24 February 2010

Course 1550: IFRS Transition for Canadian Corporations (3-day course)
This three-day course is designed specifically for application to Canadian entities. The programme combines theoretical learning with practical
information on application, thereby assisting participants in developing a strong understanding of the conceptual and technical issues involved in
IFRS transition. Using real-world examples, case studies, model financial statements and checklists, this workshop enables delegates to
understand the more complex issues facing first-time adopters.

For fee information and to register, please visit www.iaseminars.com or email enquiries@iaseminars.com