This IFRS (International Financial Reporting Standards) Master Class is interactive Sessions, case studies based workshop, which has been developed for ail staff preparing or auditing financial statements - from the CEO and CFO or for those who need a refresher, as prior knowledge of International Financial Reporting Standards is essential prerequisite to attend this Master Class.

The Master Class aims to provide updates and developments on the critical elements of IFRS. Key topics will be included which give participants the chance to identify and address areas of challenge. Recent changes will be highlighted, with focus on the new and upcoming developments which will impact financial statements.

Course Outline

  • Overview of Accounting Standards and its unification
  • Government Loans
  • Consolidated Financial Statements, Joint Arrangements and Disclosure of Interests in other entities
  • Investmen t En tities
  • Annual Improvements
  • Understanding the latest requirements under IFRS 10, 11, 12 and 13
  • Segment Reporting and Business Combinations
  • Recent changes in the Standards
  • New Standards and its implications
  • Clear understanding of complex issues across the most relevant standards

Mode

  • Experiential learning, tutorial exercises, case studies and group work activities and discussions

Prerequisites

  • Knowledge of IFRS

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