Course detail

 

Course detail

Course 1551
Canadian IFRS Transition Hot Topics

Booking Information

Duration: 1 days

Timing: 09:00 - 18:00

Location: Toronto
(see other locations for this course)

Price: CAD 1,400
Promo codes may be applicable. If you are planning to make a group booking, please contact us.
Prices are subject to Canadian HST
You can also pay in EUR, GBP, USD - you will be given this option later in the booking process

Date(s):

15 Nov 2010
Instructor(s): Jo-Ann Lempert, Maruf Raza (Collins Barrow)
02 May 2011
Instructor(s): Instructor TBC

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Contents


Introduction

This one-day IFRS Hot Topics workshop provides an invaluable opportunity to discuss essential IFRS conversion considerations and issues. Led by a recognized IFRS transition specialist, participants will benefit from the discussion on last minute IFRS adoption issues for Canadian entities before the mandatory transition in 2011. Formal presentations and group discussions will focus on both technical and practical application of IFRS. The workshop will assist with answering questions such as:

  • What are other areas of consideration when preparing IFRS compliant financial statements?
  • What recent IFRS developments could impact the opening balance sheets for 2010 and 2011?
  • What are the latest regulatory developments that may impact transition to IFRS including how detailed do your disclosures have to be in your MD&A leading up to 2011 published financials?

Prerequisites

No advance preparation is required for this course.

Course Level

Overview

Topics

  • Regulatory developments
  • Critical issues involved in IFRS implementation – IFRS transition milestones
  • Other areas of consideration when preparing IFRS compliant financial statements from the perspective of complex technical accounting
  • Generate first IFRS financial statements

Course Benefits

  • Gain insight into practical considerations for IFRS transition
  • Share experiences with other senior participants from the sector
  • Benefit from a timely 'reality check' of the IFRS conversion process before going final

Teaching Method

  • Live group instruction led by an IFRS transition specialist
  • Description and explanation of IFRS technical requirements in clear and simple language
  • Instructors will outline concepts and also practical considerations
  • Mini case studies with a practical focus will be used to help illustrate the concepts
  • Group discussions and in-depth investigation of topics
  • All participants receive a comprehensive binder containing copies of the presentation slides, handouts and other course materials used

Continuing Professional Education (CPE)

8 hours

Venue

All of our Toronto seminars take place in 4 star professional conference facilities, usually in city-centre downtown hotels like the Marriott, Sheraton or Hilton brands.

Detailed Joining Instructions are sent to all registered delegates by email approximately one month before the event. The Joining Instructions will confirm exact venue details and nearby (or onsite) hotel recommendations with bedroom rates where available.

Coffee and lunch will be provided.

Evening Courses: Our Tuesday and Thursday classes start promptly at 6pm and finish at 9pm, with a 30 minute break included. Evening class venues will be centrally located with exact details to be confirmed approximately one month before the start date.

Course Summary

This one-day course led by an IFRS transition specialist has been specifically developed for Canadian entities that may benefit from last minute guidance and information with regards to their transition from Canadian GAAP to IFRS. Over eight hours spent in intensive professional training and dialogue, participants will be able to review the critical issues involved in IFRS implementation as it relates to the complex accounting areas in IFRS, and have the opportunity to interact in a practical way with their IFRS transition specialist and also with their peers in a last minute “reality check” interactive environment. This will be achieved by undertaking mini case studies, by group discussions on real-world issues, and from the in-depth interactive sessions designed to illustrate key conceptual and pragmatic issues on complex IFRS implementation issues.