IFRS 9 & 16 practical class to reduce your compliance costs

On 19th February 2019, the Central Bank of Uganda issued an Instruction Circular ‘EDS.306.2’ to Supervised Financial Institutions (SFIs). Through the Executive Director supervision, Bank of Uganda sent the guidance note on implementation aspects of IFRS 9 to Chief Executives of Commercial Banks, Credit Institutions and Microfinance Deposit Taking Institutions.

The Instruction Circular requires the Board of Directors of SFIs to put in place adequate and robust policies and procedures, information technology systems, internal control processes and devote sufficient financial resources for IFRS 9 implementation. Financial institutions like yours, are also required to put up IFRS 9 Project Steering Committee, Human Resource, IFRS 9 model validation and key inputs to the Expected Credit Loss model. We would like to reduce your compliance costs.

In line with this, Summit Consulting Ltd cordially invites you and your team to attend the IFRS 9 & 16 Masterclass to reduce your compliance costs.

When:26th June 2019 for three days (8:00am-4:00pm)
Where:Institute of Forensics and ICT Security located on 4th Floor Ntinda Complex, Block B, Plot 33, Ntinda Road (Opp. St. Luke Church)
Why:Empower your team to implement IFRS 9 and comply to Bank of Uganda reporting requirements with ease.
Fee:US$ 300 per person per day. Pay US$ 800 for the three days and save US$100. The fee is inclusive of refreshments and eats.

This is an invitation to attend the training. Our capacity for the next intake is limited to 10 – 15 persons. First come, first enrolled.  This training covers all IFRS 9 and IFRS 16 regulatory requirements.

Call First Clare, the training coordinator on +256 779106980, +256 414 231136, email ifrs9@summitcl.com  or visit www.summitcl.com/ifrs9  to download or get a free copy of the summitIFRS9 model. Feel free to request for custom in-house training of this course to your staff and get maximum value.

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