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Date/Time
Date(s) - 01/10/2019
8:30 am

Location
ECCIL, Vientiane

Categories


Background:                                                                            

In 2018 the Ministry of finance has issued the Lao Financial Reporting Standards and allows companies to enjoy a transition ending 1st January 2021 where Lao FRS becomes mandatory for large entities as well as small and medium enterprises. Therefore, the Chief financial officers, accounting manager and accountants will have to tremendously in 2020, prepare for the transition of their organization to Lao FRS.

In this regards, the European Chamber of commerce and Industry in Lao PDR (EuroCham Laos/ECCIL) together with the Ernst & Young Lao Co., Ltd (EY) is proud to support the companies operating in Lao PDR with a series of coffee- talks this year end.

Objectives:

The coffee- talks will provide the attendants with an understating of the key standards of FRS while covering concepts, requirements, and examples.

During an intensive 1-hour coffee talk, the attendants will have the unique opportunity to review their current accounting practice, develop their knowledge and raise issues to EY’s Lao experts

Calendar:

Topic Day
Concept and Principles of Financial Statement Presentation 1st October 2019
Statement of Financial Position 8th October 2019
Statement of Comprehensive Income and Income Statement 15th  October 2019
Statement of Changes in Equity & Statement of Cash-Flows 22nd October 2019
Notes to Financial Statements 29th  October 2019
Transition to Lao FRS 5th November 2019

*the coffee-talk will be separated into 06 sessions, each session will take about 1 hour.

Participant’s fee:

Member of ECCIL 300,000 LAK / 1person per 1 session
Non-member of ECCIL 500.000 LAK / 1 person per 1 session

*The fee includes coffee and light breakfast, handouts and certificate (certificates of participation will be provided to the people who joined all sessions)

Location:

  • The European Chamber of Commerce and Industry in Lao PDR’s office

No.74, Inpeng Street, Watchan Village, Chanthabouly District. Vientiane, Laos

Time:

  • From 8.30 to 9.30am (please be on time)

 Target participants:

  • CFO, accountant, professor, auditor, etc.…

Speakers:

We have received the honourable support from our member, Ernst & Young Lao Co., Ltd (EY) through their provision of experts to be our main speakers.

 

Registration form and full concept note can be found here:Download

Please kindly register for the event latest by 17th September 2019 as we will be having a limited number of seats for this event. Thus, we may have to select the participants based on their professional positions.

For more information and registration please contact us at: xayoudone.aphayyavong@eccil.org , sem.eccil@gmail.com, soupanith.lounalath@eccil.org  , or call 021 264 330.