Through class discussions, numerous examples, analysis of financial statements and brief cases you will:

• Receive a comprehensive review of the most important IFRS standards and SIC / IFRIC interpretations
• Understand the requirements and choices for IFRS financial statements
• Analyse and interpret IFRS financial statements
• Apply newly applicable IFRS amendments effective in the current year
• Be prepared to implement upcoming new requirements that will be effective in future years
• Receive information on the latest developments and anticipated changes in IFRS in order to plan ahead
• Become familiar with internet sources in order to maintain up-to-date knowledge
• Understand the progress to date on the convergence of local standards to IFRS throughout the world
• Put theory into practice with practical company case study exercises

Course background

The move to IFRS is sweeping the world. Examples of this trend include:

• As of 2005 listed entities in the European Union apply IFRS
• The US Securities & Exchange Commission (SEC) is considering a mandatory transition to IFRS for US companies
• Canada requires IFRS for its listed companies as of 2011
• Australia and Hong Kong require listed companies to use IFRS
• Japan is converging with IFRS
• India is in the process of adopting IFRS
• Several Middle Eastern and South American countries have adopted IFRS and several more are considering it

Accurately applying IFRS is a demanding process that requires planning and thought. The standards are principles-based and require a good understanding of the underlying concepts as well as the application of extensive professional judgement.

This course will help delegates to understand the significant issues to address when applying IFRS. Participants will also receive information on the latest developments and anticipated changes to IFRS. Using real-world company financial statements and other case studies, delegates will learn how to put IFRS accounting principles into practice.

• The Course Director is an international instructor specialising in International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP). She has delivered training courses around the world including in the USA, Europe, Russia, Central Asia, the Caucuses, the Balkans, Southeast Asia, Africa and the Middle East and has taught people from over 130 countries. 
  
  She has also assisted several national governments in the reform of their accounting systems and in the implementation of international standards and best practices. As well as teaching, she also has written technical accounting material for publication. She has over 17 years of experience in the application and training of IFRS (formerly IAS).  She is a U.S. Certified Public Accountant (C.P.A.), a Certified Management Accountant (C.M.A.) and a Certified Fraud Examiner (C.F.E.). She earned her M.B.A. from the University of Wisconsin in the United States.
  
  Prior to entering the international arena, she taught graduate-level business and finance courses in the USA as well as CPA examination review courses. She is President of KAL Consulting, Incorporated and was formerly Senior Vice-President in a regional bank holding company. She also served for eight years on the accounting board of her state, responsible for licensing, examination, monitoring and disciplining C.P.As in that jurisdiction.

  Courses run by this instructor

  • International Financial Reporting Standards (IFRS)

Interested in holding this course in-house? Please fill out your details and a member of our team will be in touch with more information.

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