CLT
 

IFRS Technical Update

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COURSE OBJECTIVES: 2011 saw the introduction of a number of new and revised standards and there are some further significant changes to be released in 2012. Many key standards have undergone “blue sky” rewrites or significant overhauls. Whilst the transition dates aren’t likely to be until 2013 onwards a lot of impact assessments, data gathering and systems changes will be required in order to prepare.


This course will bring you up to date with the IFRSs that are issued, amended or become effective in 2012. It will also provide an opportunity to consider Exposure drafts that are in issue at the time of the course.


COURSE CONTENT


Given the fast pace of change, the full list of pronouncements will be updated for each course running, but is expected to cover:


NEW STANDARDS


  • IFRS 9: Financial Instruments (replacement of IAS 39)

  • IFRS 10: Consolidated Financial Statements (IAS 27 amendment & SIC 12 replacement)

  • IFRS 11: Joint Arrangements (replacement of IAS 31)

  • IFRS 12: Disclosure of Interests in Other Entities
  • IFRS 13: Fair Value Measurement


REVISED STANDARDS


  • IAS 1: Presentation of Financial Statements

  • IAS 12: Income Taxes
  • IAS 19: Employee Benefits

  • IAS 24: Related Party Disclosures

  • IAS 27: Separate Financial Statements
  • IAS 28: Investments in Associates and Joint Ventures

  • IFRS 1: First Time Adoption of IFRS

  • IFRS 7: Transfers of Financial Assets

CURRENT EXPOSURE DRAFTS, including


  • Leases (replacement of IAS 17)
  • Revenue recognition (replacement of IAS 18 and IAS 11)
  • Completion of IFRS 9


OTHER PROJECTS


  • Annual improvements projects

  • Management commentary (new guidance)

  • IFRS for SMEs


WHO SHOULD ATTEND


Finance Directors, Financial Controllers, Financial Analysts, Auditors and Accountants wanting to update their IFRS knowledge.


Would you like this course run in-house? Call us on 0207 566 8207 to find out more


Not quite what you were looking for? Then please see the following closely related course/s:


  • The FRSME: the Replacement for UK GAAP

  • IFRS for the Public Sector

  • IFRS Workshop Day 2 - Recent Standards

  • IFRS Workshop Day 1 - Core Standards


  • Claire Dean CLAIRE DEAN BSc FCA Claire Dean is an instructor and consultant specialising in IFRS, UK GAAP and finance training. Claire previously worked within Ernst & Young’s Financial Reporting Advisory team in London as a Senior Manager. In this role she provided technical advice in all aspects of UK GAAP and International Financial Reporting Standards (IFRS) to clients of E&Y, including working on IFRS conversions. Claire also delivers financial training to the Analysts at many of the large investment banks, runs finance courses for non financial managers and teaches the professional chartered accountancy examinations.

    Fees (ex VAT)

    Member Fee £315.00

    Non Member Fee £575.00

    Locations & Dates
    29/05/2012 - London (09:30 am - 05:00 pm)   Speaker & Venue Details BOOK >>
    27/09/2012 - London (09:30 am - 05:00 pm)   Speaker & Venue Details BOOK >>
    11/12/2012 - London (09:30 am - 05:00 pm)   Speaker & Venue Details BOOK >>