International Financial Reporting Standards Workshop Training Course

This course is for Financial accountants and controllers wanting a detailed understanding of all the standards of the International Accounting Standards Board, which are required in the UK for certain purposes. Also for

• Accountants in UK companies which are subsidiaries of multinational groups, such as those in Germany or France, that use IAS/IFRS
• Auditors of these types of companies
• Analysts and interpreters of IAS/IFRS financial statements

Course length = 2 day(s) ~ covering:-

Day 1 - Introduction

• Origins, membership and workings of the IASB
• Status and nature of IASs, IFRSs and interpretations
• The IASB conceptual framework
• Overview of their worldwide use and of their content of IFRS

Concepts and presentation

• IAS 1 - presentation of statements
• IFRS 5 - assets held for sale and discontinued operations
• IAS 8 - accounting policies
• IAS 18 - revenue

Inventories

• IAS 2 - inventories
• IAS 11 - construction contracts

Property, plant and equipment

• IAS 16 - tangible assets
• IAS 40 - investment property
• IAS 17 - leases
• IAS 20 - government grants
• IAS 23 - interest capitalisation

More on assets

• IAS 38 - intangible assets
• IAS 36 - impairment of assets

Financial items

• IASs 32 and 39 - financial assets and liabilities

Day 2 - Liabilities

• IAS 37 - provisions
• IAS 10 - events after balance sheet
• IAS 19 - pensions
• IFRS 2 - share-based payments

IAS 12 - deferred tax - Groups

• IFRS 3 - business combinations
• IAS 27 - consolidated statements
• IAS 21 - currency translation

Joint ventures and associates

• IAS 28 - associates
• IAS 31 - joint ventures
• 2.30 Disclosures
• IAS 7 - cash flow statements
• IAS 14 - segment reporting
• IAS 24 - related parties

More on disclosures

• IAS 33 - earnings per share
• IAS 34 - interim reporting

Some Final Points

• IFRS 1 - first-time adoption
• Changes in 2006 and beyond

Course Fee = £1200

Scheduled course dates

May 2008 June 2008 July 2008 August 2008 September 2008 15 - - - -