In March 2018, the IASB published a revised full version of the Conceptual Framework for Financial Reporting. During a CPD workshop for AAAA members held on February 5, 2019 by Mr. Artur Harutyunyan, Managing Director of AN Audit CJSC, the revised key concepts were discussed, in particular, the definitions of asset and liability.
On 14 July 2016 Artur Harutyunyan, Managing Director of "AN Audit" CJSC, conducted a workshop as a continuous professional development (CPD) event at the Association of Accountants and Auditors of Armenia on IFRS 16 Leases, which was issued by IASB in January 2016. During the workshop the presenter discussed new ideas and approaches introduced by the standard, particularly recognition and measurment of a right-of-use asset and of a lease liability by a lessee for allmost all the leases (both finance and operational).
On 23 October 2015 Managing Partner of "AN Audit" CJSC conducted a workshop as a continuous professional development (CPD) event at Association of Accountants and Auditors of Armenia on the Conceptual Framework. During the workshop the presenter discussed some of effective text and current exposure draft.
In May 2015 the IASB completed its comprehensive review of the IFRS for SMEs. After consulting widely with constituents, the IASB concluded that the IFRS for SMEs is working well in practice. However, some areas were identified where targeted improvements could be made.