19th of April 2011, BPP Headquarters Current developments in IFRS and Romanian Fiscal Code

Session 1: Madalina Ion Current developments in Romanian Fiscal Code Changes in the calculation method of: - Corporate income tax - Personal income tax - VAT Due to the Emergency Ordinance no 117/December 2010 on Law 571/2003 "Fiscal Code" applicable from January 1st 2011.

Session 2: Cristina Gutu Current developments in IFRS 1. IFRS International convergence 2. Selection of current projects undertaken by IASB
a. b. c.

Joint IASB – FASB conceptual framework ED 2010/6 Revenue from contracts with customers IAS 37 – Provisions, contingent liabilities and contingent assets ED 2005 ED 2010


ED 2010/9 Leases

Romanian Chartered and Certified Accountans Body (CECCAR). Cristina’s practical experience gained working for Deloitte places her in a unique position of understanding clients' activity as well as helping participants to relate the topics covered to their daily activity. She specialized in the audit of banks and other financial institutions. Starting 2004 she managed a family owned business.SPEAKERS MADALINA ION Ms. Cristina is an ACCA member and International Assembly Romanian representative. Ion began her career in 1997 as auditor with Coopers & Lybrand/ PriceWaterhouseCoopers and became audit manager. while continuing to deliver tailored training services to clients in the banking sector. She is ACCA qualified (2001). CRISTINA GUTU Ms. being involved in the provision of training within PwC and to external clients. She is also a member of the Romanian Chamber of Financial Auditors (CAFR) and of the Romanian Body of Expert and Licensed Accountants (CECCAR). . member of the Romanian Chamber of Auditors (CAFR). Gutu successfully delivers open. tailored and ACCA courses in financial accounting and auditing line of business.