IFRS TECHNICAL UPDATE AND NEW DEVELOPMENTS

COURSE OVERVIEW

The growing global acceptance of IFRS as a basis for the preparation of financial statements of large and medium sized entities creates a need for an increasing group of professionals to gain knowledge and experience of these standards. Even those with a basic understanding of IFRS are required to constantly update their knowledge because of the fast evolution of these standards and the growing experience that practitioners require. As of 2005 approximately 9000 listed organizations have transferred to IFRS reporting.

Delegates will learn the latest developments in Accounting and understand how to implement necessary changes. Transitional rules and implementation requirements are described and explained. Practical examples and real-life scenarios s are used to demonstrate application of the new pronouncements. The course is intended to be highly interactive and is responsive to participants' needs, focusing on those IFRS aspects applicable to attendees.

Course Objectives:

This practical 5-day course gives you a profound knowledge of IFRS and covers:
• Understand the impact and application of new requirements, in particular focusing on those such as IFRS 9 that are of greatest significance to course participants
• Develop strategies for the initial application of IFRS 9 and other new standards
• Understand the IASB’s plans and schedule for important upcoming revisions to financial instrument accounting requirements
• Track the status of international convergence projects
• Prepare for implementation of newly effective and anticipated changes to IFRS accounting standards and interpretations
• Explain the basis for modification of current accounting treatments

Who Should Attend?

• Financial Analysts
• Accountants
• Portfolio Managers
• Securities Analysts
• Credit / Investment Analysts
• Pension Fund Managers
• Auditors

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Experienced Trainers