Are you perhaps in the habit of accounting for / treating transactions or interpreting them in one particular way, without applying your mind?
Its time to give some thought to how we account for the business transactions we enter into or those that we are tasked with auditing.
In today’s rapidly changing financial landscape, staying up to date with IFRS standards is crucial for accounting and finance professionals. The proper application of these standards ensures compliance, transparency, and accuracy in financial reporting, helping professionals avoid errors and uphold the integrity of their work.
We want to help refresh your understanding of the IFRS requirements with a high-level overview of several IFRS / IAS standards that tend to be commonplace in business all the while making it as practical as possible with examples and case studies. Let’s get the basics right.
We will spend between 20 to 30 minutes on a topic.
Approach:
Topics covered: Day 1:
General:
Assets:
Liabilities:
Income Statement:
Topics covered: Day 2:
General:
Special Financial Statements:
Assets:
Liabilities:
Income Statement:
Disclosure:
