Le Défi Training School and AKS Global are partnering to host a masterclass on international financial reporting standards (IFRS) on October 22, 2026, at the Hennessy Park in Ebène, Mauritius. The event aims to enhance the knowledge and understanding of IFRS among professionals in Mauritius. The masterclass will be led by Steve Collings, a renowned expert in international accounting standards and financial reporting. This initiative targets financial directors, controllers, accountants, auditors, and compliance officers.
The masterclass will focus on the application of IFRS in complex situations and improving the quality of financial statements. Participants will examine the interpretation of norms and their application in complex situations, as well as risks related to financial reporting. The training will provide a platform for professionals to update their knowledge and deepen their understanding of IFRS. It will also enable them to access international expertise while considering local realities.
According to the organizers, the application of IFRS goes beyond mere technical compliance. It requires analyzing transaction characteristics, formulating estimates, and exercising professional judgment. The masterclass will address these challenges through concrete case studies. Participants will be encouraged to reflect on their accounting choices and professional judgments in preparing financial information.
The event is part of a broader effort to develop competencies in financial reporting in Mauritius. The organizers emphasize that high-quality financial information is crucial for building trust among investors and stakeholders. By strengthening the skills of finance professionals, Mauritius aims to enhance its position in the financial services sector.
Steve Collings, the lead trainer, is a director at Leavitt Walmsley Associates, a UK-based firm. He specializes in British and international accounting and audit standards and has authored several technical books and articles. Collings' experience includes interpreting and applying norms, and he will bring a global perspective to the masterclass.
The training will also focus on the importance of continuous professional development. The organizers note that difficulties in financial reporting often arise from outdated practices that no longer align with applicable requirements or transaction characteristics. The masterclass aims to encourage participants to reassess their methods and identify areas requiring attention.
Upon completion of the masterclass, participants will receive six points of continuing professional development (CPD). The event is expected to contribute to the development of competencies in financial reporting in Mauritius, enabling professionals to follow evolving norms and better address implementation challenges.
Key points
- The masterclass will provide a platform for professionals to update their knowledge of IFRS and enhance their understanding of its application in complex situations.
- The event aims to strengthen the skills of finance professionals in Mauritius, contributing to the country's ambitions in the financial services sector.
- The masterclass will be led by Steve Collings, a renowned expert in international accounting standards and financial reporting.
