AMMAN - The International Arab Society of Certified Accountants (IASCA) held a digital training course titled “The International Financial Reporting Standard 16, IFRS 16”, through Microsoft Teams platform. The training course aimed at introducing the requirements of IFRS 16, leases, that supersedes IFRS 19, leases. IFRS 16 has become effective starting from January 1, 2019. At the end of the training course, certificates of attendance were distributed to participants.
IASCA held another digital training course entitled the ‘International Arab Certified Public Accountant (IACPA) Questions and Answers’, through Microsoft Teams platform, which qualifies the trainees to the International Arab Certified Accountant certificate (IACPA). During the training course, IACPA subjects were explained and a practical application of the model questions and answers of the previous years’ exams was introduced to the trainees to prepare them to attend the exams and succeed.
Moreover, IASCA held a digital training course titled “IT Audit”, through Microsoft Teams platform. During the training course, the risks of IT systems and the controls to limit such risks were introduced along with the auditor’s role in the audit and evaluation of information. Participants were also introduced to audit software installation procedures, as such software helps auditors carry out their audit tasks and the policy of confidentiality and the function of the IT security staff. Moreover, ICT audit standards were also reviewed during the training course. At the end of the training course, certificates of attendance were provided to participants.
Additionally, IASCA held a digital training course titled “Value Added Tax for Gulf States” through Microsoft Teams platform. The main objective of the course was to prepare the trainees to become tax experts in the Kingdom of Saudi Arabia and the United Arab Emirates. The course covered all the legislations as well as the taxing and accounting treatments, in addition to the most recent updates relevant to the registration of companies in the field of accounting and tax consultation in the above-mentioned countries. At the end of the training course, certificates of attendance were provided to participants.