Watch: Seminar on the Impact of Exchange Rate and Interest Rate Amendments on Financial Statements

https://youtu.be/UMkXx7eSl6Y

The Egyptian Society of Accountants & Auditors (ESAA) organized an online seminar titled "The Impact of Exchange Rate and Interest Rate Amendments on Financial Statements"

SpeakersMr. Mohamed El-Moetaz, Board member and Chairman of the Standards Committee

Mr. Sami Abdel Hafiz, Board member and Deputy Chairman of the Accounting Standards Committee

Mr. Kamel Magdy Saleh, Board member and member of the Accounting Standards Committee

Mr. Ahmed Awad, Board member and member of the Accounting Standards Committee

Mr. Tamer Abdel Tawab, Fellow of the Society and member of the Accounting Standards Committee

Mr. Osama Emile, Fellow of the Society and member of the Accounting Standards Committee

In conversation with Dr. Farid Fawzy, Board member and Chairman of the Cultural and Magazine Committee

Welcome to the seminar "The Impact of Exchange Rate and Interest Rate Amendments on Financial Statements," where we will discuss the profound impact of these factors on the accuracy and clarity of companies' financial statements.

Topics to be covered:

Definition of exchange rates and interest rates: A detailed explanation of the concept of exchange rates and their types, and the concept of interest and its importance in the economy.

Impact of exchange rate amendments on financial statements: A precise analysis of how currency rate changes affect the value of assets and liabilities, revenues and expenses, and profits and losses.

Impact of interest rate amendments on financial statements: An explanation of how interest rate changes affect the value of financial assets, the cost of borrowing, and the present value of investment projects.

Methods of disclosing exchange rate and interest rate amendments: An explanation of the international accounting standards related to disclosing these amendments in financial statements.

Practical case studies: An analysis of real-world examples of companies significantly affected by exchange rate and interest rate changes.

Open discussion: For attendees, by opening the floor for inquiries, posing questions, and participating in an open discussion via the chat about the topic with experts in the field of financial accounting.