Presented in association with

Financial Accounting and Reporting

IFRS Overview

All listed UK companies are now required to report under International Accounting Standards. This course will cover at an overview level, the key International Standards that are currently in force. It will examine each standard by reviewing the principal issues and considering the practical application. The major changes that will arise from a move to IFRS from UK GAAP will also be highlighted.
This course is aimed at financial accountants and controllers who will be preparing accounts under International Standards. It is also suitable for auditors and analysts of companies who report under IFRS.

Programme

INTRODUCTION

• The agenda of the IASB
• First time adoption of international standards (IFRS 1)
• Presentation of financial statements (IAS 1)

 INCOME STATEMENT STANDARDS

• Revenue (IAS 18)
• Segmental reporting (IAS 14 and IFRS 8)

BALANCE SHEET STANDARDS

• Property, plant and equipment (IAS 16)
• Non current assets held for sale (IFRS 5)
• Intangible assets (IAS 38)
• Impairment of assets (IAS 36)
• Leases (IAS 17)
• Provisions, contingent liabilities and contingent assets (IAS 37)
• Employee benefits (IAS 19)
• Events after the balance sheet date (IAS 10)

CASH FLOW STATEMENTS (IAS 7)

GROUP ACCOUNTS

• Business combinations (IFRS 3)

SPEAKER

Alison Hennell BSc, ACA

Consultant, Finance into Focus

12 June 2008	£520 + VAT
27 November 2008	£520 + VAT

1 day course 09.30-17.00

IFRS Overview