24 - 25 November 2022
Novotel London Tower Bridge, London, UK,
Applying IFRS: Practical Training Course
Join this training course to understand how to practically apply IFRS, successfully tackle evolving technical challenges, and understand the practical impact for your business in time for your reporting season.
Get your technical IFRS reporting questions answered one-on-one by the expert. Learn how to navigate the practical challenges of updated standards and their application in depth. Ensure your reporting processes are optimised for efficiency and compliance with the latest requirements. Earn a certificate of attendance for your training.
BENEFIT FROM THE COURSE LEADER'S MULTI-FACETED EXPERTISE:
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.
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.
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.
The course is tailored for preparers and filers from diverse industries and companies operating all over the world:
CFOs, Partners, Auditors, Accountants, Heads of Reporting, Finance Directors, Managers, Consultants, Preparers
Austria, Brazil, Cyprus, Denmark, Finland, Greece, Ireland, Malta, Norway, Portugal, Switzerland, the UK, the USA and more.
Financial services, Telecommunications, Media, Energy, Engineering, Transportation, Retail, Mining and more.
Upgrade your skills to successfully tackle evolving technical challenges:
DAY 1 AGENDA: THE PRACTICAL CHALLENGES OF APPLYING IFRS
- Introduction; World View of IFRS
- Recent IFRS Changes – What’s New?
- Applying IFRS 9: Financial Instruments
- Applying IFRS 15: Revenue Recognition
- Accounting for Assets: How much fair value is there now in IFRS?
- Presentation of Financial Statements; and why are there two income statements?
- The challenge of translating IFRS (from English) and annual reports (into English)
DAY 2 AGENDA: IFRS REPORTING IN 2022 AND BEYOND - THE BROADER IMPACT
- IFRS 16: Applying the leasing standard
- The practical impact of changes to IASB’s Conceptual Framework
- Liabilities and equity: What exactly is the dividing line, and why does it matter?
- Practical problems with ‘liabilities’ in IFRS: Definition, recognition and measurement
- A round-up of the effects of the COVID-19 on accounting
- 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 2022: Which should your company choose?