The preparation of financial statements using IFRS is a challenge for a lot of practitioners, not least because it is a regime which many encounter relatively rarely in practice.
DurationThe preparation of financial statements using IFRS is a challenge for a lot of practitioners, not least because it is a regime which many encounter relatively rarely in practice.
This seminar will explain all the key things that accountants and auditors should be thinking about in advance of December 2023 year ends and will highlight the most common problems with existing standards and how to tackle them.
Topics covered include:
Changes to accounting and disclosure rules for December 2023 year ends and onwards Common challenging areas in applying IFRS and how to tackle them What are the IASB are currently looking at – an insight into IASB Exposure drafts and projects
An overview of some of the strategic reporting requirements, including the latest climate-related disclosures focus points Regulator feedback and what it means for IFRS preparers and FRS 101 accounts for qualifying SME businesses
Insight Training provides financial technical training in UK GAAP, FRS100-102, IFRS, audit and assurance and anti-money laundering alongside financial and commercial awareness training and business skills courses throughout the UK.
We engage with our clients to understand their businesses and work together to achieve excellence and impact. We strive to perform to the highest standards and deliver high quality, fit for purpose solutions for our clients.
Our Team
All of our team members have a wealth of experience in the financial training world. We work with a small team of trusted associates, handpicked because of their subject matter expertise and superb facilitative style. All are committed to our core principle – to make training enjoyable, relevant, engaging and long lasting.
Our ability to work with our associates ensures you get the best trainer to meet your precise needs, in your preferred location. It allows us to deliver large scale training programmes across multiple sites.
The convergence, globally, of International Financial Reporting Standards (IFRS) is gaining pace at a rapid rate, for the preparation of financial statements. This includes bot large corporates and the medium sized companies. Each year more and more countries are implementing IFRS.
Join us in this in-depth walkthrough of the International Financial Reporting Standards to stay up to date with all the amendments and disclosure changes. Contact us for more information.
This two-day course will focus on accounting for insurance contracts as per IFRS 17. Currently, there are different accounting practices for similar insurance contracts.
This 5-day program will deliver an update to date IFRS reporting requirements covering the standards in a practical, technical and commercial basis, with the inclusion of real-life company challenges and use will be made of excel models to demonstrate many of the commercial concepts.
This course will benefit anyone who is involved in the preparation or audit of financial information under IFRS Standards or FRS 101, as it provides an essential refresher on the application of IFRS Standards.
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