Access Bank Plc Convenes International Conference On International Financial Reporting Standards (IF
Category: Capital Market
Tuesday, July 13, 2010 Lagos, Nigeria.
Access Bank Plc, in its commitment to the enthronement of Best Practice, is organizing a two-day conference on the International Financial Reporting Standards (IFRS).The conference will hold between Monday July 19, 2010 and Tuesday July 20, 2010 at the Transcorp Hilton Hotel, Abuja.
This event is the fourth in Access Bank’s “Thought Leadership” events. The Bank has previously hosted seminars on Stress Testing, The Nigerian Foreign Exchange Market and Equity and Debt Capital Markets Opportunities.
The conference is privileged to feature accomplished Nigerian and International experts including the Governor, Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi; the Honorable Minister for Finance, Mr. Oluwatoyin Olusegun Aganga; the Director General, Securities and Exchange Commission, Ms. Arunma Oteh; Partner, Financial Services, KPMG Advisory, Netherlands, Mr. Martijn Van Wensveen and Director of Banking Supervision, Central Bank of Zambia, Dr. Austin Mwape.
The International Accounting Standards Board adopted the IFRS framework on April 1, 2001 following which the standards have been adopted by over 90 countries around the world. Nigeria’s growing prominence in the global business community necessitates that regulators and operators in the Nigerian Financial System take proactive steps to ensure a seamless migration to the IFRS Reporting Framework as soon as possible.
Access Bank’s IFRS conference will provide a forum for key stakeholders to interact; study other countries that have successfully implemented the framework and consequently develop a common path for IFRS implementation in Nigeria.
ABOUT ACCESS BANK PLC
Access Bank Plc is a socially responsible organization; with clearly developed strategy for facilitating societal development and wellbeing. The Bank is one of Africa’s pre-eminent financial services groups, and has a full banking subsidiary in the UK and all monetary zones across sub-Sahara Africa.