Master IFRS Standards – Simplified for Professionals - Part 1

• Help participants quickly identify when a specific IFRS standard applies to a transaction.
• Simplify the recognition criteria for transactions and balances.
• ŽClarify initial and subsequent measurement requirements.
• Provide a concise summary of disclosure requirements, ensuring participants understand key reporting expectations.

Master IFRS Standards – Simplified for Professionals - Part 2

• Help you better identify when a particular standard is relevant to a transaction i.e., we’ll briefly consider scoping and definitions
• Simplify recognition criteria
• Clarify initial and subsequent measurement
• Provide a summary of disclosure (will not be discussed in depth).

Master IFRS Standards – Simplified for Professionals - Part 1

We will spend 20 to 30 minutes on each standard/topic to ensure you gain the insights you need without feeling overwhelmed.

General:

• IFRS – IAS 1 – Presentation of Financial Statements
• IFRS – IAS 7 – Cash Flow Statements
• IFRS – IAS 10 – Events After the Reporting Period

Assets:

• IFRS – IAS 16 Property, Plant, and Equipment
• IFRS – IAS 40 Investment Property
• IFRS – IAS 38 Intangible Assets
• IFRS – IAS 36 Impairment of Assets
• IFRS – IAS 2 Inventories

Liabilities:

• IFRS 16 – Leases

Income Statement:

• IFRS 15 – Revenue from Contracts with Customers

Master IFRS Standards – Simplified for Professionals - Part 2

We will spend 20 to 30 minutes on each standard/topic to ensure you gain the insights you need without feeling overwhelmed.

General:

• IFRS – IAS 8 Accounting Policies, Changes in Estimates, and Error
• IFRS 13 Fair Value Measurement

Special Investments:

• IFRS 3 Business Combinations
• IFRS 10 Consolidated Financial Statements
• IFRS 11 Joint Arrangements
• IFRS – IAS 28 Investments in Associates and Joint Ventures

Assets & Liabilities:

• IFRS 9 Financial Instruments
• IFRS - IAS 37 Provisions

Income Statement & Disclosure:

• IFRS 7 Financial Instruments Disclosure
• IFRS - IAS 19 Employee Benefits
• IFRS - IAS 24 Related Parties Disclosure

• Audit managers and partners
• Audit and accounting trainees
• Bookkeepers
• Financial accountants
• Engagement Quality Control Reviewers