Changes to 2011 IFRS Financial Statements
Business combinations; related party disclosures & further amendments to IAS 24; IFRIC issues and improvements; examples from company financial statements; leasing and insurance standards
Who attends?
IFRS Update is attended by a mix of industries, seniorities and geographies. From the CEO and CFO who needs a refresher to maintain an understanding of his companies work, through to the junior accountant carrying out the bulk of the work.
New for 2012
- The IASB’s Revised Work Programme
- IFRS 9 Financial Instruments
- The Replacement for IAS 39
- Changes to 2011 IFRS Financial Statements
- The View of the Regulators
- Revised IFRIC & IFRS interpretations
Going Concern Assessments
Disclosures of material uncertainties; Emphasis of matter in audit reports; Classification of assets and liabilities
IFRS 9 Financial Instruments
Classification and measurement – the first steps; Moving towards important changes in derecognition; Hedge accounting – aligning the cash flow model
Financial Statement Presentation
2009 changes: The initial steps; Accurately detailing comprehensive income; Outlining qualifying assets and borrowing costs
The View of the Regulators
EU endorsement status; The IASB’s work programme; International transition
"The level was set very well"
"Full of methods to apply the standards, which brought IFRS into the practical world"