"CFO's IFRS Breakfast Briefings"

The British Chamber of Commerce in Hungary
in association with Ernst & Young and BPP PROFESSIONAL EDUCATION are pleased to invite you to the first of our
"CFO's IFRS Breakfast Briefings"
Cost: HUF 4.500 - BCCH members;HUF 6.000- Non-Members
Method of payment below:1. Cash (on the spot); 2. Bank transfer (in advance) ING Bank 13700016-01873012.
Time: registration from 08:00 Program 8:30-9:45.

As many of you will be aware, the preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) will be required from 2005, for all publicly listed companies within the EU, who prepare consolidated financial statements. Studies have shown that while most listed companies will be aware of the requirement to adopt IFRS in 2005, the detailed requirements and implications of all this may not yet be clear.
Ernst & Young is at the forefront of providing guidance to companies in assisting them as they face this new challenge. Recent Ernst & Young IFRS Newsletters mark the leadership and strong on-going commitment to share the wealth of knowledge and experience in the areas of IFRS reporting.
BPP Professional education is well known for their training in IFRS and related field. The purpose of the IFRS Breakfast Briefing would be to highlight a number of the challenges associated with the requirements of IFRS 1, First-time Adoption of International Financial Reporting Standards, the recent "Improvement Project" including the recent improvements of IAS 27, 28 and 31 (Accounting for Subsidiaries, Joint Ventures and Associates) and also the changes to the IAS 16, Property, Plant and Equipment and the requirement to adopt "component accounting" which will have a significant impact on many capital intensive businesses. Speakers: ·Alan Griffiths - Ernst & Young Partner; Assurance & Advisory Business Services;·Business Services partner: Vandana Saxena Poria- BPP PROFESSIONAL EDUCATION;·Alasdair Ross - Ernst & Young IFRS leader
As part of Ernst & Young Hungary's continued commitment to increase awareness of current international accounting developments, we would be pleased to provide you with copies of IFRS Newsletters at the Briefing.
To register please fax the form below to the BCCH office until 12.00 March 16 2004 or e-mail to: membershipofficer@bcch.com .