IFRS Update

In addition to your class tuition and study materials, you will receive the following:


Case Study

• Case studies based on actual company financial statements

Exercises

• Exercises based on actual company financial statements

Other Extras

• Certificate of attendance

Level: Intermediate


Synopsis:
The global harmonisation of accounting policies continues to gather pace with 31 December 2008 representing the end of a period of calm during which the implementation of new accounting standards was not mandatory.This course provides a practical, key points synopsis of new standards and amendments to those already in place as well providing an early warning of proposed changes that could significantly impact your ability to analyse and interpret financial statements.


At the end of the course participants will be able to: Understand the impact of newly arrived or imminent changes to IFRS will have on the recognition, measurement and presentation of assets and liabilities in financial statements . Understand the impact of proposed changes to accounting practice and assess the impact these would have on the financial information they prepare or analyse .


Prerequisites:
A basic grounding in current account practice and the presentation of published financial information.


Suitable For:
Anyone who regularly prepares or uses financial information for decision making plus those who need to understand how the route map to global harmonisation will impact their business.


A snapshot on the progress of global accounting harmonisation

• The influence of US GAAP
• Timetables to harmonisation

Recently issued IFRS and significant amendments to existing standards
Proposed future changes to IFRS and their impact on key financial indicators