IFRS Update and Application Briefing (2 days)

Course summary
2 days
1,850 - 2,600 USD, 2,500 CAD, 1,850 GBP
Open / Scheduled
Next available date: 23/07/2020 - Toronto
Course Dates
2,500 CAD
1,850 GBP
1,850 GBP
2,600 USD

Course description

IFRS Update and Application Briefing (2 days)

This two-day IFRS Update and Application Briefing is designed for experienced preparers and users of IFRS financial statements. It has two aims

  • To explain clearly the requirements of significant new and amended Standards and Interpretations effective for 2019 and later
  • To share recent practical experience of implementing IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers

The comprehensive course materials also cover all other published amendments to IFRSs and current outstanding Exposure Drafts.

Please note that, given the specialised nature and complexity of IFRS 17 Insurance Contracts, time does not permit in-depth coverage of IFRS 17. For those with a particular interest in insurance, we recommend our three-day program, Course 1331 Insurance Contract Accounting Workshop.

This program provides answers to questions such as:

  • What are the recent and likely future changes to IFRSs?
  • When must they be applied?
  • What are the transitional provisions?
  • How do the new requirements differ from current rules?
  • What are the best ways of implementing these requirements?
  • What are the financial statement and performance reporting implications?

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Suitability - Who should attend?

This IFRS update course is suitable for professionals who require updates into the latest amendments to the international accounting standards. The course provides an excellent opportunity to transfer new skills to those responsible for making accounting decisions and preparing, reviewing or approving IFRS financial statements.

Outcome / Qualification etc.

By the end of this course, participants will be able to:

  • Be prepared to comply with changes in IFRSs
  • Learn how to implement the latest developments
  • Network and exchange insights with other experienced practitioners
  • Benefit from real-world illustrations and examples of implementing recent Standards
  • Plan ahead for expected future changes

This course is qualifying for 16 CPD hours.

Training Course Content

The course will cover the following key update areas in international financial reporting:

  • Significant new and amended Standards
    • IFRS 16Leases(replacing IAS 17 from 2019)
    • IFRS 17Insurance Contracts(replacing IFRS 4 from 2022)
    • IFRIC 23Uncertainty over Income Tax Treatments(effective 2019)
  • Recent practical experience of implementing recent major Standards
    • IFRS 9Financial Instruments
    • IFRS 15Revenue from Contracts with Customers
  • Overview of other amendments to standards, including
    • Annual Improvements 2015-2017 Cycle
    • IAS 1 and 8Definition of Material
    • IFRS 3Definition of a Business
  • Current Exposure Drafts
  • Update on latest IASB Work Plan


The cost of this course is £1,850 + VAT (UK events), or $2,600 (US events).

In House Training

In addition to the scheduled dates and locations, IASeminars can also run this course as in house training, to meet the specific requirements of your team. Contact them here to request a customised training solution for your team.

About provider

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IASeminars is an independent financial training company operating globally and specialising in international accountancy (IFRS & US GAAP, IPSAS). Originally founded in the UK in 2002, IASeminars has since expanded to become a successful worldwide organisation offering regular courses in...

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15 Westferry Circus
Canary Wharf
E14 4HD London

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