IFRS Refresher Module 4 - Liabilities and Financing

Overview

This half day module is the fourth in a six module series providing a comprehensive refresher on the requirements of IFRS Standards (and FRS 101). The particular focus of this module is on the accounting for liabilities such as provisions, leases and deferred taxation, and on the accounting for a company’s financing, in particular determining whether it represents equity or debt.

This module can be undertaken separately, or in conjunction with and or all of the other modules in the series.

All modules can be booked together on the following page: IFRS Refresher Modular Programme

Please find the other four modules below:

• IFRS Refresher Module 1 - Principles and Presentation
• IFRS Refresher Module 2 – Current and non-current assets
• IFRS Refresher Module 3 – Revenue and expenses
• IFRS Refresher Module 5 – Group accounting and business combinations
• IFRS Refresher Module 6 - Financial Instruments Fundamentals

Who is this for?

This course will benefit anyone who is involved in the preparation or audit of financial information under IFRS Standards or FRS 101.

What will you learn?

Completion of this course will enhance your ability to:

• Prepare financial statements and financial information in compliance with IFRS Standards.
• Understand the impacts that IFRS Standards have on the published financial statements of companies

The topics to be covered in this module will include:

• Leases
• Provisions and contingencies
• Deferred taxation
• Financing
  • Distinguishing between debt, equity, and compound
  • Appropriate accounting