IFRS adoption for UK entities

This course sets out the latest rulings and proposals concerning IFRS adoption in the UK. It then explains and illustrates the effects of IFRS adoption, the choices available, and the potential consequences.

Programme includes:

• Consideration of the latest rules/proposals concerning the introduction of IFRS in the UK
• The circumstances where use of the IFRS for small and medium-sized entities may be available
• Impacts of IFRS on the format and presentation of financial statements
• Differences between IFRS recognition and measurement rules, and those under UK GAAP
• Disclosure implications of IFRS
• Simplifications and changes available under the IFRS for SMEs