ComplianceOnline

IFRS #1: First Time Adoption of International Financial Reporting Standards

Instructor: Mike Morley
Product ID: 701198
  • Duration: 60 Min

recorded version

$199.00
1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section
Last Recorded Date: Apr-2009

Training CD / USB Drive

$350.00
One CD/USB is for usage in one location only.
(For multiple locations contact Customer Care)
CD/USB and Ref. material will be shipped within 15 business days

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Read Frequently Asked Questions

This IFRS (International Financial Reporting Standards) will provide you with some easy-to-follow guidelines that will help you in complying with IFRS Standard # 1.

Description

International Financial Reporting Standards are changing how companies present their financial statements. Effective January 1, 2014, accountants working for “publicly accountable enterprises” will be expected to continue to prepare US GAAP statements, but in addition will have to prepare IFRS financial statements using IFRS Standard # 1. IFRS Standard # 1 was specifically issued to help companies with the transition from GAAP. In addition, a reconciling financial statement which bridges the gap between the two will be required. In effect, IFRS requires that the accountant be able to understand and explain the differences between IFRS and US GAAP. This hands-on workshop will provide you with some easy-to-follow guidelines that will help you in complying with IFRS Standard # 1.

Areas Covered in the seminar:

  • Scope and applicability of Standard #1.
  • Opening IFRS balance sheet.
  • Accounting policies.
  • Transitional provisions.
  • Business combinations.
  • Fair value or revaluation.
  • Cumulative translation differences.
  • Exceptions.
  • Disclosure requirements.
  • Financial statement presentation.

Who will benefit:

  • If you are an accounting professional you need to become familiar with exactly what these new standards consist of, and what these changes mean for companies.
  • This workshop will help you become acquainted with the latest information regarding IFRS and will include an opportunity to practice applying these standards.
  • CPA. CMA, CFA, CIA

Instructor Profile:

Mike Morley, is a Certified Public Accountant and author of several books including “Sarbanes-Oxley Simplified.” A frequent consultant on SOX and IFRS projects, Mike is a recognized authority in the field of finance. An entertaining and informative speaker, Mike’s presentations help financial professionals stay on top of the latest developments in their field.

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Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

If you have any concern about the content of the webinar and not satisfied please contact us at below email or by call mentioning your feedback for resolution of the matter.

We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email customercare@complianceonline.com call +1-888-717-2436 (Toll Free).

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