Objectives

By the end of the training session, the participants will:

• Gain knowledge on the various IFRS standards and apply it to the preparation of
  IFRS compliant financial statements
• Gain an in depth understanding of the IFRS rules on financial instruments
• Learn how to recognise equity versus liability and how to measure liabilities in accordance
  with relevant IFRSs
• Be able to apply the rules relating to business combinations including reverse acquisitions
• Develop methods to present information clearly in IFRS financial statements

Content

• Introduction to IFRS and US GAAP
  • IFRS organisational bodies and due process
  • Conceptual framework
• Contents of IFRS financial statements
  • Presentation of financial statements (IAS 1)
  • Statement of cash flows (IAS 7)
  • Accounting policies, changes in accounting estimates and errors (IAS 8)
  • Discontinued operations (IFRS 5)
  • Events after the reporting period (IAS 10)
  • Operating segments (IFRS 8)
  • Interim financial reporting (IAS 34)
• Financial instruments
  • Presentation (IAS 32)
  • Recognition and Measurement (IFRS 9)
  • Disclosures (IFRS 7)
• Business combinations, Subsidiaries, Associates and Joint Ventures
  • Business combinations (IFRS 3)
  • Consolidated financial statements (IFRS 10)
  • Investments in associates and joint ventures (IAS 28)
  • Joint arrangements (IFRS 11)
  • Disclosure of interests in other entities (IFRS 12)
• Assets
  • Investment property (IAS 40)
  • Property, plant and equipment (IAS 16)
  • Borrowing costs (IAS 23)
  • Intangible assets (IAS 38)
  • Impairment of assets (IAS 36)
  • Non-current assets held for sale and discontinued operations (IFRS 5)
• Liabilities
  • Leases (IFRS 16)
  • Provisions, contingent liabilities and contingent assets (IAS 37)
  • Income taxes (IAS 12)
• Revenue from contracts with customers (IFRS 15)
• Effects of changes in foreign exchange rates (IAS 21)

Speakers

Elvin Montes (Director, Corporate Services, Arendt Services)

Target Group

Accountants preparing the IFRS
Other professionals reviewing IFRS financial statements

Duration

 2 days (from 09.00 to 17.30)
Your registration is automatically valid for the 2 days (Day II will be on 30 January).

Language

English

Price

1600€ (for the 2 days)

For more information please contact us by e-mail at institute@arendt.com