International Financial Reporting Standards are the world’s most widely applied accounting standards and are constantly evolving.
This one day course will provide an update on all the latest developments and trends in IFRS globally and regionally, including new and revised standards effective in 2016 and beyond. In addition, delegates will receive an update of ongoing projects and other developments in corporate reporting around the world.
Attending this course will be a valuable opportunity to capitalize on the trainer’s well rounded experience and in-depth knowledge. By the end of the course you will have a greater understanding of:
• Impact analysis
• What is a lease
• How to identify a lease under IFRS 16
• Exemptions and exceptions to the new accounting model for low value and short term items
• Accounting for IAS 17’s operating leases and finance leases as a lessee under IFRS 16
• Accounting for sale and leaseback arrangements
• Disclosure requirements
• Transitional arrangements
• Next steps in preparation for 2019
