deloitte ifrs masterclass 2020 · 2021. 3. 2. · deloitte ifrs masterclass 2020 global virtual...

Deloitte IFRS Masterclass 2020 Global virtual series Profiles of Deloitte IFRS specialists

Cynthia Corby

Audit & Assurance Partner, Deloitte Middle East Dubai, United Arab Emirates

Cynthia Corby serves as the Audit & Assurance Chief Operating Officer of Deloitte Middle East. Driving growth and operational excellence, and collaborating across functions to serve the needs of a complex clientele, Cynthia has a proven track record for delivering exemplary client services to C-level members. Cynthia is based in Dubai and is responsible for leading the A&A Strategy and Transformation.

She oversees all key transformation work streams, which include technology, analytics, talent, and process transformation and delivery centers. Cynthia helps drive the development and adoption of new technology in audit execution and she has participated in

the successful launch of several innovative applications across DME.

Cynthia is the Middle East Construction Industry Leader for the Middle East, with over 20 years of experience in the profession she chairs industry conferences and producers articles on key industry issues and is the author and founder of the GCC Powers of Construction Publication issued yearly by the Middle East. The publication includes expert views on construction opportunities and trends in the region.

Abbas Ali Mirza

Audit & Assurance Partner, IFRS Leader, Deloitte Middle East Dubai, United Arab Emirates

Abbas Ali Mirza is an Audit & Assurance partner at Deloitte Middle East and is a member of Deloitte Middle East IFRS Leadership Team. He is featured on Deloitte’s global website www.iasplus.com under the section devoted to “Spotlight on Deloitte’s IFRS Specialists”. He is an author of 15 books on “IFRS” including: “Wiley: IFRS Practical Implementation Guide & Workbook” (in its 3rd edition) and “Wiley: IFRS Interpretation & Application” and recently published “Wiley: International Trends in Financial Reporting under IFRS”.

At the United Nations in Geneva, Switzerland, he was elected as Chairman of the 21st session of United Nations Conference on Trade and Development (UNCTAD)’s Intergovernmental Working Group of Experts on International Standards on Accounting & Reporting

(ISAR).

He has served as the Chairman of the Auditors’ Group at the Dubai Chamber of Commerce & Industry (DCCI) for the past several years. He has also served as Chairman of the Standards Committee of the UAE’s Accountants and Auditors Association (AAA) and as a Member of the Accounting Standards Committee of the Securities and Exchange Board of Indian (SEBI). He has delivered Keynote Addresses in several international conferences and has chaired the “World Accounting Summit” for 10 years and has also addressed International Federation of Accountants’ (IFAC) “World Congress of Accountants,” held in Turkey.

Andrew Spooner

Audit & Assurance Partner, Deloitte Global

London, United Kingdom

Andrew Spooner is the lead Partner on IFRS financial instruments globally across Deloitte. He is based in the and focuses on financial services.

Andrew is a board member of the Financial Reporting Faculty of the ICAEW and member of the UK Endorsement Board’s Insurance Technical Advisory Group.

He is also a former member of the European Securities and Markets Authority’s Consultative Working Group for the Corporate Reporting Standing Committee, the Technical Expert Group of the European Financial Reporting Advisory Group and Chair of its

Financial Instruments Working Group.

http://www.iasplus.com/

Maria Paschalis

Audit & Assurance Partner, Deloitte Cyprus

Nicosia, Cyprus

Maria Paschalis is the Audit and Assurance Business Leader and the learning partner for Deloitte Cyprus, responsible both for technical and shared-competency learning in the practice. She serving a wide range of clients both in Cyprus and abroad with more than 20 years of experience.

Maria, has specific expertise in organizing multi-location audit and assurance teams and her experience is focused but is not limited to large multinational organisation including mining entities. In addition, Maria has been involved on many special assignments including, mergers and acquisitions, due diligence projects, and with assisting private companies going public. Maria, has also served as

Engagement quality control review partner in a number of public audit clients.

Georges Najem

Audit & Assurance Partner, Deloitte Middle East

Abu Dhabi, United Arab Emirates

Georges Najem is Audit Partner and Assurance Leader for Deloitte Middle East serving variety of clients, including national and multinational banks, investments companies, private equity funds, credit funds, insurance companies, real estate developers, and diversified large groups. As Assurance Leader, Georges leads a team of professionals experienced in providing Assurance on complex accounting matters, transactional events, accounting operations improvements and regulatory and contractual compliance.

He provides complex accounting assurance services related to implementation of new accounting standards and provision of accounting advices on various transactions including acquisitions, mergers, groups restructuring, collar financing, preference shares, ESOPs, hedge accounting, leases, and service concessions. He provides accounting operations assurance services helping finance teams assess their current state, improve and refine their financial processes and get prepared for changes in technologies and evolving finance function’s role in the organization.

He has extensive experience in providing capital markets assurance services including cross border offerings under Rule 144A and RegS applying SAS72 and ICMA standards.

Philip Barden

Audit & Assurance Partner, Deloitte Global

London, United Kingdom

Philip Barden is a Partner in Deloitte’s UK IFRS Centre of Excellence and its National Accounting and Auditing group. He leads Deloitte’s Expert Advisory Panel on revenue recognition, reporting to the Global IFRS Leadership Team on revenue issues. During the development of the IASB’s revenue standard, he acted as Deloitte’s lead liaison with the IASB on that project, and he was a member of the joint IASB-FASB transition resource group on revenue recognition. He has more than 34 years of experience of advising clients on UK and international financial reporting issues.

Since 2004, Phil has been a principal author of the Deloitte publications “GAAP” and “iGAAP”. He chairs the Financial Reporting Editorial Board of the Institute of Chartered Accountants in England and Wales (ICAEW), and is also a member of the ICAEW’s Financial Reporting Committee.

Scott Whalan

Financial Advisory Partner, Deloitte Middle East

Dubai, United Arab Emirates

Scott Whalan is a Partner in the Middle East Valuation & Modeling team. He has been with Deloitte for over 15 years, of which 10 of those have been spent in the Middle East. Prior to moving to the UAE, Scott worked in the Valuation team in Sydney. Scott has provided valuation advice in a variety of contexts including M&A, fairness opinions, family restructurings, disputes and regulatory compliance purposes. Additionally, Scott leads Deloitte Financial Advisory Middle East’s Family Office offering and is the author of the Middle East Family Office Report, and published numerous articles in Deloitte’s Point of View and Forbes, Middle East.

Scott has Bachelor of Mathematics and Finance (Hons I) and is a CFA holder.

Didier Laduron

Audit & Assurance Assistant Director, Deloitte Middle East


Didier Laduron has more than 14 years of professional experience in Western Europe and in the Middle East in advisory services across a spectrum of engagements, covering financial due diligence, financial business modelling, business plan review, valuation of businesses for buy-side and sell-side M&A mandates, valuation of intellectual property and other intangible assets for purchase price allocation and transfer pricing, impairment assessment, and assessment of damages for litigation support.

Didier has been recently involved in valuation across sectors such as Aerospace, Defense, Logistics, Retail, Manufacturing, Construction, Real Estate, Facility Management, Private Equity, Hospitality, Education, Financial Services, F&B and ER&I.

Didier holds a Master in Business Engineering from the SOLVAY Brussels School Economics & Management and is a Chartered Accountant from the Luxembourg Institute.

Ranjith Chandran


Kuwait City, Kuwait Ranjith Chandran has over 20 years of experience in Audit & Assurance services and has an extensive knowledge of IFRS and its application

across various industries, primarily financial services, telecommunications, energy and aviation sectors.

Ranjith leads the Audit & Assurance Practice in Kuwait. Besides audit and assurance service, he has handled a number of business valuations & financial due diligence assignments.

He has also led number of IFRS 9 and 16 implementation projects for banks and other clients in Kuwait. Ranjith is part of the Deloitte Middle East Accounting Technical Consultation team and has delivered several local and regional training courses on IFRS related topic.

Andreas Andreou

Audit & Assurance Partner, Deloitte Cyprus

Nicosia, Cyprus

Andreas Andreou is an Audit & Assurance partner based in the Nicosia office and he leads the Assurance Business. Andreas is also the Insurance Industry Leader for Deloitte Cyprus. He joined Deloitte Cyprus in 1997 as an ACA trainee and he qualified as a Chartered Accountant in 2000. He became Partner in January 2009. Andreas has served many large public and private companies in various areas of operation with specialization in the insurance and financial services industry. He participated also in various consulting projects relating to financial due diligence work.

Andreas is also the National Professional Practice Director (NPPD) and member of the Audit Quality Board of Deloitte Middle East. He is also an IFRS Specialist and member of the DME IFRS Consultation Team, he is leading a number of large IFRS17 implementation projects and very often, he provides technical support and consultations on the application of the IFRSs. He also facilitates various technical seminars, both internally and externally.

Andreas was a member of the ICPAC council for three years until June 2018, after having served for five years as the Vice-Chairman and member of the Accounting Standards Committee of ICPAC. He is also a member of the Technical Advisory Group that works closely with the Audit Regulator in Cyprus (the CyPAOB).

Karim Nabulsi


Amman, Jordan

Karim Nabulsi is the Office Managing Partner of Deloitte in Jordan. He is a BSc graduate with Honours in Economics and Accounting from Southampton University – UK, and a Fellow Chartered Accountant (FCA) from England and Wales (ICAEW), with whom he qualified in 1994. He is also a Certified Jordanian Public Accountant (JCPA). Karim experience spans Audit & Assurance, Financial Advisory & Restructuring, Due Diligence, and some management consulting work.

His clients have included premium banking and financial institutions, manufacturing, telecom, services, retail organizations, construction, in addition to a variety of privately held businesses and governmental institutions. Karim has served on several Deloitte committees, such as BOD Advisory Council, Partners Screening Committee, BOD Nomination Committee, Global Advisory Committee for DT Global, BOD member of DTME. He is also an active member of the Higher Committee for Regulating the Audit Profession in Jordan.

Craig Cosham



Craig Cosham is a Banking Audit and Advisory partner with over 21 years of professional experience. Craig works with multinational financial

services clients in both the Audit and Advisory space. Most significantly he served as Group audit partner for RBS and is currently leading the UK

Firms efforts on UBS audit capture.

Craig’s advisory skills center on prudential regulation and treasury as well as having considerable experience in equity capital markets.

Peter Westaway

Audit & Assurance Director, Deloitte Global

London , United Kingdom

Peter Westaway is a director in Deloitte UK's technical accounting team. He provides advice on a variety of accounting issues under IFRS

and UK GAAP, specializing in lease accounting. He also leads various corporate reporting projects, including the survey of UK listed

companies' annual reports and the accompanying benchmarking tools.

Peter has extensive knowledge of technical accounting issues, is a member of Deloitte’s lease accounting Expert Advisory Panel and

periodically attends Deloitte’s global IFRS leadership team conferences on behalf of the UK firm. He has also authored material in their technical guidance.

Peter also has excellent communication skills and a practical ability to work towards solutions, given his audit background spanning multiple industries.

Peter is a Chartered Accountant and a physics graduate of the University of Oxford.

Obada AlKowatly


Abu Dhabi, United Arab Emirates Obada AlKowatly is an Engagement Partner working with assurance services teams of the Abu Dhabi practice. He has dealt with audits of

large Financial Services Industry (FSI) clients and listed companies, banks, real estate, sovereign wealth fund and investment management

funds.

Obada has completed a secondment in Deloitte’s London-based Global IFRS Offering Services Centre (GIOS), assisting in capital market

offerings; focusing on (i) the application of SEC, PCAOB, AICPA and international standards, (ii) performing financial statement reviews

under US GAAP, IFRS, UK GAAS and ISA and (iii) performing offering memorandums reviews.

Obada has over 15 years of experience working with Deloitte’s Audit function since 2003, providing audit and accounting services to numerous companies

focused primarily within various industries. He is a member of the Deloitte ME IFRS technical team and Capital Markets function.

Malcolm Coates



Malcolm Coates has over 30 years of professional audit experience in public practice servicing many prestigious local and international

clients in a wide variety of industries. These industries include financial services, manufacturing, hospitality and entertainment, construction

and real estate.

Prior to joining the Middle East firm in September 2016 Malcolm spent the previous 8 years working in the Deloitte Moscow office

preforming audits of financial statements of both listed and non-listed entities prepared under IFRS and local Russian statutory accounting

standards.

Irshad Jooma

Audit & Assurance Director, Deloitte Middle East


Irshad Jooma is a Director in Deloitte’s Assurance Team specializing in financial instruments valuations, IFRS 9, and Treasury advisory services. Irshad has previously worked in both the Deloitte Sydney and Johannesburg Offices. In addition, he was the treasury technical advisor for the largest corporate treasury in South Africa. Irshad has experience in the areas of treasury operations, financial risk management, financial instruments and derivatives valuations, and is an IFRS specialist with regards to financial instruments.

Irshad is the considered an SME with regards to financial instruments and is leading the IFRS 9 implementation for Deloitte in the Middle East. He has successfully assisted various organization in navigating the complexities of IFRS 9.

Irshad is a member of South African Institute of Chartered Accountants (SAICA), FRM holder and an associate member of Association of Corporate Treasurers UK.

Ahmed Al Qassabi

Audit & Assurance Managing Partner, Deloitte Middle East

Muscat, Oman

Ahmed Al Qassabi is the Managing Partner in the Deloitte Oman office. He is a Chartered Certified Accountant (FCCA) with over 18 years of experience in Audit and Advisory and has led various projects within this area. He brings a unique mix of commercial, risk management, operational, legal and financial knowledge to work closely with companies within the Financial Services Industry (FSI), employing the deep capabilities of the firm to solve problems and enhance value.

He has intensive experience in Oman Capital Market regulations. Ahmed has advised his clients on Oman companies’ legal framework and capital market laws and regulations.

Anwar Hadidi

Audit & Assurance Senior Executive Director, Deloitte Middle East

Jeddah, Kingdom of Saudi Arabia

Anwar Hadidi is the leader of A&A C&I of Deloitte Middle East. Anwar is the Office Leader of Deloitte Jeddah Office. Anwar has worked in the Arabian Gulf and Middle East around 20 years. His experience is in assurance and corporate finance in different industries and his clients have included construction, manufacturing, trading and advertising and marketing companies – in addition to a variety of privately held businesses and governmental organizations.

Anwar is certified as US CPA, a member of the Jordanian Certified Public Accountants (JACPA) and is also a CFA Charterholder. Anwar also has an MBA degree in Business Administration.

Sunder Nurani


Sharjah, United Arab Emirates

Sunder Nurani is the Regulatory Partner for the UAE and the Risk Partner for Sharjah. He is the Audit Leader for Deloitte Private for the Middle East. Sunder always believes in creating an impact that matters and actively involved in firms CR&S initiatives such as the World Class program and sustainability initiatives. He is specialized in the Audit function of the Insurance industry and has more than 20 years of experience in Audit. He is a strong advocate of continuous learning and is a Partner in Audit & Assurance, including Audit Learning in the United Arab Emirates.

Sunder is passionate about building and maintaining professional relationships and is actively involved in giving back to the profession through his active roles in the Accounting professional network events organized by The Institute of Chartered Accountants of India –Dubai Chapter, being the Vice Chairman.

Anish Mehta

Audit & Assurance Director, Deloitte Middle East


Anish Mehta is an Audit Director in the Dubai Office, has over 20 years of audit experience including 13 years in the Arabian Gulf. Anish has significant experience in auditing entities of SME’s and large business groups with diversified businesses and consolidation of their financial statements. His multidisciplinary industry experience covers several industries including hospitality, retailing, manufacturing & trading companies, healthcare, contracting and real estate. Anish has worked with businesses ranging from quoted multinational companies to large and small

owner managed entities in U.A.E. and India. Anish is a Chartered Accountant and a fellow member of the Institute of Chartered Accountants of India and is also an associate of the Institute of Chartered Accountants of England & Wales [ACA - ICAEW]. He also holds a cost accounting degree and Bachelor of Commerce degree from India. He is actively associated with Dubai Chapter of ICAI and is the current Chairman.

This presentation has been written in general terms and therefore cannot be relied on to cover specific situations; application of the principles set out will depend upon the particular circumstances involved. Deloitte & Touche (M.E.) (DME) or its affiliated entities would be pleased to advise readers on how to apply the principles set out in this presentation to their specific circumstances. DME accepts no duty of care or liability for any loss occasioned to any person acting or refraining from action as a result of any material in this presentation.

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deloitte ifrs masterclass 2020 · 2021. 3. 2. · deloitte ifrs masterclass 2020 global virtual...

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