The Impact of COVID 19 on IFRS Financial Statements

by IFRS Training

The Impact of COVID-19 on IFRS (International Financial Reporting Standards) Financial Statements explores standards from The IFRS Foundation that have been affected by the onset of the pandemic.

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img Duration

1 Day

Course Details

This IFRS Training comprehensive training course will enable each participant to appreciate and understand the following target competencies:

  • How to determine whether to apply the going concern basis
  • How should government assistance be accounted for
  • Have changes been made to lease contracts
  • Which disclosures concerning coronavirus are appropriate
  • What is the impact on revenue-cycle accounting
  • What is the impact on employer benefits

 

This well-researched course, The Impact of COVID-19 on IFRS, will benefit executives who are responsible for the finance and accounting functions in their organisation.

 

Outline:

  • Introduction to COVID Effects on IFRS
  • Non-financial assets
  • Financial instruments
  • Leases
  • Cash and cash equivalents
  • Revenue recognition and government grants
  • Non-financial obligations
  • Going concern and events after the reporting period
  • Effects on Reporting

Special Message

We offer training across major African cities.
  • Sandton Branch

    165 West Street, Sandown, Sandton, Johannesburg

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