Course not currently available

1030: IFRS Basics (2 days)

IASeminars

Course

In London ()

£ 1,425 + VAT

The best Other Accounting courses

See all

See all

Description

  • Type

    Course

  • Duration

    2 Days

Explain how the recognition and measurement principles of the IASB's Framework apply within each accounting standard. Apply the requirements of the standards to prepare IFRS compliant financial statements. Identify an appropriate accounting policy for a given accounting issue and suggest necessary disclosures. List the standards that require or permit the use of fair value measurement, identify how fair value is measured and specify where the fair value changes are recognized. Differentiate between the requirements of current IFRS and proposed changes for the future, including prospects for global convergence of major national accounting standards. Suitable for: People with an understanding of basic accounting principles based on any national standards. No advance preparation is required for this course.

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Fill in your details to get a reply

We will only publish your name and question

Reviews

Course programme

This two-day course is an introduction to key technical issues involved in understanding and applying IFRS.

The program, presented through the use of case studies and real-world examples, include:

  • Financial statement presentation and specific disclosure requirements (operating segments, events after the reporting period, statement of cash flows, related parties, changes in accounting policies, changes in accounting estimates, correction of errors, and discontinued operations)
  • Revenue recognition
  • Recognition and measurement of assets (property, plant & equipment, intangible assets and inventories) including the accounting treatment of impairment and assets held for sale

Also included are discussions of:

  • Provisions and other liabilities (including employee benefits)
  • Share-based payment
  • Consolidated financial statements, including Special Purpose Entities
  • Financial instruments
  • Discussion of new developments

See related categories

1030: IFRS Basics (2 days)

£ 1,425 + VAT

The best Other Accounting courses

See all

See all