Speakers & Programme

 

• 08.00     Registration and networking

• 08.30     Keynote Welcome Address: Vision for the profession in Saudi Arabia

• 08.45    Keynote Welcome Address: Getting ahead of the pace of change: the future face of the                                accounting profession.

 

• 10.20     Panel discussion: Transparency and ease of doing business: a culture for growth
  • Open for business: the vision behind the new corporate law
  • What environment will family businesses need to continue to flourish and drive growth?
  • Which sectors are the most dynamic? Where is the deal activity happening?
  • What does Vision 2030 mean for privatization opportunities?
  • Encouraging entrepreneurship: gearing up the profession to enable successful start-ups

 

• 11.20     Panel discussion: IFRS adoption: gearing up for transition
  • Lessons for international IFRS implementations: recognizing the scale of the challenge
  • How can the profession support investors and boards in understanding the impact of the new basis of preparation
  • Mindset shift: what are the professional skills required for a “principles-based” approach to financial reporting?
  • What can business learn about IFRS adoption from the banking sector in Saudi Arabia?
  • Exploring viable mechanisms for building the accounting and auditing capacity for a successful and sustainable transition
  • Understanding the commercial implications for businesses of the shift to IFRS now and in the future

• 12.30    Lunch and Prayer Break

• 13.45     Presentation: Roadmap to a successful VAT implementation for Saudi Arabia
  • Understanding the macro economic impact of the introduction of VAT
  • How long will it take for businesses to establish systems for VAT reporting?
  • How do companies plan to build the technical expertise to support VAT implementation?
  • Trusted advisors: what can businesses expect from their accountants in preparing for VAT implementation?

Moderator Rupert Pease Head of Tax, Middle East and South Asia KPMG	Panelist Alhaitham A. Al-Ghothami Economic Adviser General Authority of Zakat & Tax
Panelist Dr Syed Salman Shah Former Finance Minister Government of Pakistan	Panelist Mohamed Saleh Al Obailan Chairman Board of Directors GCC Accounting and Auditing Organisation

 

• 14.45     Panel discussion: Creating capacity and encouraging trust: a vision for the audit                                       profession
  • Evaluating market dynamics in the audit sector
  • What role can International Standards on Auditing (ISAs) play in creating a level playing field and opening up the audit sector?
  • Understanding the role of the regulator in building a competitive supply of quality audit services that meets market demand
  • Examining the value of audit quality monitoring for a healthy audit sector
  • Emerging dialogues: aligning the needs of the economy with the direction of the audit profession

Panelist Abdulaziz Alfuraih Vice Governor Saudi Arabian Monetary Authority	Panelist Ahmadi Hadibroto Board Member International Federation of Accountants		Moderator Vernon Soare Chief Operating Officer ICAEW
Panelist Nadeem Yousuf Adil President The Institute of Chartered Accountants of Pakistan		Panelist Gihad Al-Amri Partner BDO Dr. Mohamed Al-Amri & Co.

 
 

• 15.45     Closing Remarks / Close of Conference

   
 
 
Pre Conference Workshop
Tuesday, 7 March 2017
16.00 – 18.00 Introduction to IFRS 10 Consolidated Financial Statements
Jane Pike, Technical Principal, International Accounting Standards Board (IASB)
 
Pre-Conference Workshop – IFRS 10

Facilitator Jane Pike Technical Principal IASB