This course was formerly titled "Interpreting the Financial Statements of a Mining Company".
This course will enable you to develop an awareness of the relevant financial information you can discover about a mining corporation from its audited financial statements. You will also have an appreciation for how accountants are challenged with exercising professional judgment on qualitative issues involving alternative or new accounting standards (IAS, IFRS), balanced with a need for numerical precision. You will recognize that professional judgments included in financial assessments are similar to those made in demonstrating probable and proven mineral reserves.
"Analysis of Mining Financials" uses the business environment in the mining industry as a relevant context for understanding the financial statements of mining corporations. It isolates select accounting aspects as being fundamental to your becoming an informed reader of audited financial statements . . . including balance sheets, income statements, cash flows statements, statements of shareholders' equity and the audited notes. Current examples of financial statements of both large and small mining companies are used and analyzed to illustrate these fundamentals.
The course draws on credible sources to highlight relevant characteristics of accounting for mining. The objective of this material is to identify some prominent aspects of financing the corporate mining strategy, delve into the distinct areas where there are issues in accounting for the mining industry, and summarize the risks that are currently inherent in understanding the financial statements of those involved in mining. The course provides the tools to establish a profile of a company's overall financial status and identifies the attributes that contribute to financial health and flexibility.
Participants are advised to bring a laptop computer (with MS Excel).
Prior to the course, registered delegates have access to the online e-learning material consisting of an introductory course titled Understanding Financial Statements of Mining Companies Under IASB and FASB Regulations.
Certificate in Mining Studies
This course qualifies for two days of short course credit for the Certificate in Mining Studies (CMS), a continuing education program of accredited short courses, webcasts and online courses for lifelong learning in mining, supported by University of British Columbia and University of Arizona. more details »
Simon Fraser University Credit for Custom Corporate Graduate Diploma in Business Administration
Participants who successfully complete the EduMine certification exam, meet Simon Fraser University requirements for admission to graduate studies in the Faculty of Business Administration, and complete all pre- and post-course assignments may receive credit for Bus550: "Financial Accounting for Mining" in partial fulfillment of the requirements for the Graduate Diploma in Business Administration.
Continuing Professional Development (CPD)
This course meets the requirements for formal CPD activity for most Canadian provincial associations and US state boards and may contribute the equivalent in hours towards your CPD requirement. more details »
Who Should Attend?
This course will be of interest to those in the mining financial and investment sectors who do not have a strong accounting background. It is a requirement for those seeking certification through the UBC Mining Certificate program or the Simon Fraser University Graduate Diploma in Business Administration.
How to Register
Complete and return the registration form by fax: 604 681 4166 or email: email@example.com.
If you have any questions you can contact Sandra Wunsch by phone at +1 604 683 2037.
The full fee for the two day program is CAD 1,450 + tax. The fee covers tuition, a comprehensive set of course notes, access to EduMine e-learning, a certificate of attendance, continental breakfasts and lunches including light refreshments. The fee does not cover accommodation.
Early Bird: there is a 10% discount if you register at least 30 days before the course start date.
* A 10% discount is offered for groups of 3 or more OR if you provide your Annual EduMine subscription User ID at time of registration.
* These discounts cannot be combined.
The course will be held at InfoMine Inc, Vancouver, Canada, Suite 640 - 580 Hornby Street, Vancouver, BC. Detailed arrival instructions, including a map, will be sent to all participants 10-14 days prior to the commencement of the course.
If you need to make hotel reservations, we recommend the following hotels. Each hotel is within 5-10min walking distance to the course venue and provides convenient access to transportation and 'Canada Line' rapid transit to/from Vancouver International Airport.
When making reservations make sure to ask for the "InfoMine corporate rate".
- Hotel Le Soleil, named by Resorts & Great Hotels Magazine as "One of the Top 100 Hotels in the World," has been recipient of the American automobile Association's (AAA) 4-Diamond rating since its opening. Hotel Le Soleil differentiates itself with a unique mixture of stylish sophistication and old world elegance. Featuring 119 luxury boutique lodging accommodations it is conveniently located across the street from the InfoMine/EduMine offices. Experience Copper Chimney restaurant's award winning chefs and enter into an exotic world of Indian fusion food.
The Hotel Le Soleil website link is: http://www.hotellesoleil.com
- Delta Vancouver Suites Hotel is an elegant, all-suite hotel located in the Heritage District of downtown Vancouver and within a block of the 'Canada Line' rapid transit. Engage your senses in the Manhattan Restaurant, a typical New York eatery, or at Spencer's Lounge. 24-hour fitness center.
To book your room online with our personal InfoMine corporate rate link go to: http://www.deltahotels.com/imit/inp.
The link to the Delta Vancouver Suites website is: http://www.deltavancouversuites.ca/
- Metropolitan Hotel Vancouver: Make yourself at home in one of the Metropolitan Hotel's 197 elegantly appointed guestrooms and suites. Enjoy the Metropolitan's 24-hour Business center; fully-equipped Health Club with indoor pool, whirlpool, sauna, and squash court; and the Diva at the Met restaurant, a AAA 4-Diamond rated restaurant featuring Vancouver's finest cuisine, celebrated Chef's table, and distinguished wine cellar. The Metropolitan has received a "4 Green Keys" rating through the Green Key Eco-Rating Program.
To book your room online with our personal InfoMine corporate rate link go to: http://private.metropolitan.com/VDZKNSEDL2.
The Metropolitan Hotel's website link is: http://www.metropolitan.com/vanc/
For further information about hotels in Downtown Vancouver, see the following link: http://www.hotels-vancouver.ca/hotels/Downtown
Continuing Professional Development (CPD)
Short courses earn PDH/CEU credits for engineers in provinces and states that have CPD requirements. EduMine is an approved provider of continuing education by the Authorized Provider Commission of The International Association for Continuing Education and Training (IACET).
For more details, check provincial or state requirements.
Certificate of Attendance
Provincial/state regulations for CPD require that you attend the entire short course and that you complete an evaluation at the end of the course. Your Certificate of Attendance, with earned PDH, is issued on completion.
A 10% administration fee will be levied for cancellations made up to two weeks prior to the start of the course. Cancellations thereafter will be liable to the loss of the full fee. Notice of cancellation must be given in writing by letter or fax and action will be taken to recover, from the delegates or their employers, that portion of the fee owing at the time of cancellation.
EduMine reserves the right to cancel an advertised course at short notice. It will endeavour to provide participants with as much notice as possible, but will not accept liability for costs incurred by participants or their organisations for the cancellation of travel arrangements and/or accommodation reservations as a result of the course being cancelled or postponed. If a course is cancelled, fees will be refunded in full. EduMine also reserves the right to postpone or make such alterations to the content of a course as may be necessary.