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.
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
|Concept and Principles of Financial Statement Presentation
|1st October 2019
|Statement of Financial Position
|9th 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.
|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)
- The European Chamber of Commerce and Industry in Lao PDR’s office
No.74, Inpeng Street, Watchan Village, Chanthabouly District. Vientiane, Laos
- From 8.30 to 9.30am (please be on time)
- CFO, accountant, professor, auditor, etc.…
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: [email protected] , [email protected], [email protected] , or call 021 264 330.