International Financial Reporting Standards (IFRSs) are the world’s most widely applied accounting standards. More than 130 countries now require or permit the use of IFRSs. Over 7,000 public companies in the European Union have complied with IFRSs since 2005. Some jurisdictions commit to converge their national standards with IFRSs. Our two-day overview is designed to guide you step-by-step through important IFRS technical issues. We explain the principles clearly and simply. Our specialist instructors also help delegates with the practicalities of implementation.
The course answers questions such as:
- What are the current IFRS requirements?
- What are the main areas to be considered that affect most companies?
- Which accounting standards allow alternative treatments when preparing IFRS financial statements?
- How are these main standards applied when IFRSs are first adopted?