Course description
IFRS Update and Application Briefing
This IFRS course is available as a face to face event or as a virtual, online training!
This two-day IFRS Update and Application Briefing is designed for experienced preparers and users of IFRS financial statements. Its aims are to:
- Update on published changes to IFRSs applicable for 2022 and later
- Chart progress on significant projects in the IASB’s work plan
- Review the practical application of key Standards in recent IFRS financial statements, including, where relevant, the impact of Covid-19
Please note that, given the specialised nature and complexity of IFRS 17 Insurance Contracts, this program does not cover it. For those with a particular interest in insurance, we recommend our three-day program, Course 1331 Insurance Contract Accounting Workshop.
Upcoming start dates
Suitability - Who should attend?
This IFRS update course is suitable for professionals who require updates into the latest amendments to the international accounting standards. The course provides an excellent opportunity to transfer new skills to those responsible for making accounting decisions and preparing, reviewing or approving IFRS financial statements.
Outcome / Qualification etc.
By the end of this course, participants will be able to:
- Implement upcoming changes to IFRSs
- Learn from recent real-world examples of best practice in IFRS reporting
- Improve the quality of disclosures in IFRS financial statements
- Plan ahead for future changes
CPE credits are available for all courses.
Training Course Content
The course will cover the following key update areas in international financial reporting:
- Practical application of key Standards in recent IFRS financial statements, including
- Going concern assessment and material uncertainties
- Disclosure of significant judgements and critical accounting estimates
- Presentation (IAS 1)
- Impairment of non-financial assets (IAS 36)
- Leases (IFRS 16)
- Financial instruments (IFRS 9)
- Revenue from contracts with customers (IFRS 15)
- Amendments to Standards for 2022 and later
- Projects on IASB’s work plan - Exposure Drafts and Discussion Papers, including
- Primary Financial Statements (IAS 1) – ED/2019/7
- Disclosure Initiative
Why choose IASeminars
We've been training for 20 years.
50% of our business comes from returning clients.
We offer instructor-led training in international locations, over Zoom or in house.
Reviews
Average rating 4.2
Great quality trainings, experienced instructors.
A very good team of professionals at different levels to support a very good experience with learning, even some time might be repeating standards but IASeminars is doing it a g...
Expenses
The cost of this training course is £2,050 + VAT for UK events and $2,700 + VAT for US events, $1,950 + VAT for events in Africa and £1,850 + VAT for virtual events.
In House Training
In addition to the scheduled dates and locations, IASeminars can also run this course as in house training, to meet the specific requirements of your team. Contact them here to request a customised training solution for your team.
The course was very informative and material was relevant to my job and industry.