IFRS: Kick-off

training

Agenda

Bakrie and Brothers

Date: To Be Determined
(January 2010)
Context of this training

Implementing IFRS at the Bakrie Group requires an impact assessment.

The impact assessment will provide you with a list of elements that may be
hit by the new standards as well as a global timeline for the project.

The impact assessment will be prepared by a joint core team of Bakrie &
Brothers and Mazars. The Core Team will be responsible for liaising with
the subsidiaries of the group.

The Core Team should be trained before starting the impact assessment.

The following slides present the agenda of the training.

Based on our experience, the training session should last 3 days.

Our fees for this training are US$ 30,000.00

2
Training Day 1

What is the IASB ? 40

Structure and goals
Main principles including Fair Value
IFRS and US GAAP
Implementation at worldwide level

IFRS Framework and presentation of financial statements 45

Revenue and performance reporting 120

Delivery of goods
Rendering of services
Construction contracts
Examples and Q&A

Business combination and consolidation 180

Acquiring businesses according to IFRS3R
Consolidation including joint ventures
Intangible assets
Impairment testing

3
Training Day 2

Financial instruments 180

Cash and other financial assets
Liabilities, convertible bonds and equity
Hedging and own use qualification
Disclosures

Oil and gas business 60

Exploration costs
Stripping costs
Restoration costs

Long lived assets 120

Property, Plant and Equipment
Investment property
Leases
Real Estate Development

Related party transactions 60

4
Training Day 3

Disclosures 45
Segment information
Discontinued operations

Employee benefits 180

Projected Credit Unit Method
Share-based payments

Foreign Exchange Currencies 60

Provision 45

Income taxes 60

Implementing IFRSs: the stakes of a conversion project 30

Q&A 20

5
Course presenter

Business activities:
Pascal managed the IFRS conversion projects of different banks and financial
institution in Europe. He has an extensive knowledge of the technical issues
regarding loans, effective interest rate and Asset Liability Management. He
has developed an expertise in hedge accounting.
Recently, Pascal led Mazars teams involved in significant financial restructuring
for Lagardere and Eurotunnel in Europe.
Pascal acts as a Consultant, for European banks, in the development of new
financial instruments. His expertise is highly appreciated as regards the
definition of the accounting treatment of these new instruments according to
IAS 39. References include SOCIETE GENERALE, DRESDNER KLEINWORT, HSBC,
CREDIT SUISSE.
Pascal JAUFFRET Pascal is the operating partner of the audit of Colas, the worlds leader in road
partner
HEC school of management, Paris, France
building.
Chartered Accountant (France)
Age: 34
Competencies:
Based in Singapore Pascal has an extensive knowledge of IFRS with a proven expertise in financial
instruments (IAS 32, 39 and IFRS 7)
Pascal led Mazars international financial reporting team .
Pascal is the Head of Mazars IFRS Desk for Asia Pacific

6
Pascal JAUFFRET
Partner

Mazars Asia Pacific

133 Cecil Street
Keck Seng Tower #15-03
069535 Singapore

pascal.jauffret@mazars.com.sg

www.mazars.com