We are managing our face to face IFRS course schedule carefully right now. If the training course you want is not available, we may be offering a virtual alternative! View our Virtual Classroom schedule to see what is being delivered live in our online classrooms.
If you don’t see the IFRS training topic, you are looking for, or if you would like an online classroom in another timezone, please tell us.
You can learn more about our virtual, online courses and how they work on our Virtual course FAQ page.
The IASB's approach to setting disclosure and presentation requirements has developed in response to user requirements. Recent Standards, such as IFRS 15 and 16, set out overall disclosure objectives and provide guidance on specific qualitative and quantitative disclosures that might meet them. But preparers are not to use these as checklists: rather, they must use judgement to determine the extent and nature of disclosures in their specific circumstances.
The Board’s work on presentation and disclosure continues under the banner ‘Better Communication in Financial Reporting’. This comprises two streams: ‘Primary Financial Statements’ deals with presentation, focussed on the statement of profit or loss and the ‘Disclosure Initiative’. The latter involves a number of projected future changes, including a so-called ‘standards level’ review of disclosure requirements in all existing IFRSs.
This two-day workshop not only reviews the IFRS requirements and teaches the skills needed to prepare full and complete financial statements and footnotes, but also provides participants with insight into future changes.
The program answers questions such as:
- What are the current IFRS requirements relating to presentation and disclosure?
- In which areas are alternative presentations allowed?
- What are the most important issues to consider when preparing disclosures?
- How will future disclosure requirements change to reflect the IASB’s work on 'Better Communication in Financial Reporting’, including the Disclosure Initiative and the Primary Financial Statements project?