Novotel London Tower Bridge,
London
The IFRS Update Training Course
Understand how to practically apply new IFRS standards, including IFRS 18, IFRS 19 and Sustainability standards S1 and S2.
Upgrade your technical knowledge to successfully tackle evolving reporting standards and challenges. Get your technical IFRS reporting questions answered one-on-one by the expert, to understand the practical impact of new standards for your business, and ensure your reporting processes are optimised for efficiency and compliance with the latest requirements.
Upgrade your approach to IFRS to ensure best practice
Update your knowledge to keep up with new IFRS standards and requirements
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- IFRS 18: Presentation and Disclosure in Financial Statements
- IFRS 19: Subsidiaries without Public Accountability
- IFRS S1 and IFRS S2: Sustainability standards
- Exposure drafts on goodwill disclosures, and on financial instruments
Get your technical questions answered face-to-face
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Learn how to navigate the challenges and implications of new and updated standards by working through practical case studies and technical examples in a classroom setting.
Ask the expert your technical questions face-to-face, and take away best practice tips that are bespoke to your organisation and its reporting challenges.
Demonstrate your continued professional development
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Attendance at this training course may be used to claim CPD from your professional body.
Informa is the world’s leading provider of CPD and CPE certification. Attending this course will allow you to gain practical and methodical skills to develop your professional knowledge. Upon request, receive a certificate of attendance to facilitate your CPD submission with your professional membership organisation.
Course statistics
hours
Benefit from a jam-packed programme of technical content, case studies, practical examples and 1:1 Q&As, covering everything you need to know to stay updated on IFRS.
years
This course has been training preparers and filers from diverse industries and companies operating all over the world, for over 20 years.
years
Your course leader has decades of experience in accounting, financial reporting and teaching, and has been a consultant to PwC for over 30 years.
Overview of your training programme:
Day 1
- Introduction; World View of IFRS
- Overview of new standards: IFRSs 18 and 19
- Other recent and proposed changes to IFRS
- The ISSB’s new S1 and S2
- The meaning of “Compliance with IFRS”; and audit reports on IFRS
- Accounting for assets
- Applying IFRS 9: Financial Instruments
- Presentation of Financial Statements
- Applying IFRS 15: Revenue Recognition
Day 2
- IFRS 16: Applying the leasing standard
- Liabilities and equity: What exactly is the dividing line, and why does it matter?
- Practical problems with ‘liabilities’ in IFRS: Definition, recognition and measurement
- Disclosures: Sustainability, and subsidiaries
- Group accounting: Applying IFRSs 3 and 10; and IAS 21
- Conclusions on ‘Other comprehensive income’ and reclassifications
- Understanding the differences between IFRS and US GAAP
- Options remaining in IFRS in 2024: Which should your company choose?
Meet your training course leader
Chris Nobes is a member of the Academic Panel of the UK’s Accounting Council, and has been a consultant to PwC for 30 years.
Chris was a member of the Accounting Standards Committee of the UK and Ireland from 1987 to 1990, and one of the two UK representatives on the Board of the International Accounting Standards Committee from 1993 to 2001.
Benefit from Chris' multi-faceted expertise:
Professional
Prof. Chris Nobes has been a consultant to PwC for 30 years, where he was a Professor of Accounting.
He was a member of the Accounting Standards Committee (ASC) of the UK and Ireland from 1987 to 1990.
He was one of the two UK representatives on the Board of the International Accounting Standards Committee (IASC) from 1993 to 2001.
He is a member of the Academic Panel of the UK’s Accounting Council.
Academic
Prof. Chris Nobes is Professor of Accounting at Royal Holloway and at the University of Sydney.
He is also an Adjunct Professor at the Norwegian School of Business, Oslo.
He has held posts at universities in San Diego and New York.
In continental Europe, he has held visiting professorships in Amsterdam and Barcelona.
Publications
Prof. Chris Nobes served as the joint editor of Accounting and Business Research.
He is an author of fourteen books, including:
- Company Reporting in the USA (Financial Times)
- The Economics of Taxation (latest edition, 2017)
- An International Introduction to Financial Accounting (2016)
- Comparative International Accounting (2016) and the Penguin Dictionary of Accounting (2006).
He is now on the editorial boards of nine journals, including Abacus, Accounting and Business Research and British Accounting Review.