IFRS Update 2023

CFOs
Accountants
Financial analysts
Finance directors
Finance controllers/managers
Audit practitioners
Internal auditors who want to stay updated with the latest developments in IFRS and prepare for the impact of those on their business.

International Financial Reporting Standards are the world’s most widely applied accounting standards and are constantly evolving. Course will provide an update on all the latest developments and trends in IFRS globally.

What are the hot topics in the world of IFRS in 2023?

• New IFRS standard, IFRS 17 - we will focus on its impact for non-insurance companies
• Obviously we will be covering new amendments, like the amendments to IAS 1 related to current and non-current classification, IFRIC agenda decisions and developments in standard setting
• We will also cover the accounting framework to be applied for all the new special industry and windfall taxes that governments have implemented recently and have a quick intro on Globe - the new Pillar II global minimum tax
• In the “Green” area - we will cover accounting for green financing and green power purchase agreements (PPAs)
• Finally, as a sad reminder of the state of the world in 2023, we will be covering the accounting implications of the war in Ukraine on all the related standards

• Different taxes in the world of IFRS and related accounting challenges
• Introduction to Globe
• What is in the scope of IFRS 17 - Insurance contracts standard
• ESG Hot topics - disclosure requirements
• Green financing - Power purchase agreements
• Current - Non-current classification - Amendments to IAS 1
  
• Which accounting policies should be presented in the financial statements? - Amendments to IAS 1
• Accounting implications of the Ukrain-Russian war
  
• Lease modification
• New standard amendments, IFRIC agenda decisions and IASB’s workplan

Gábor Balázs

Gábor is the regional leader for PwC’s Academies and the Accounting Advisory practice in CEE. He has been supporting large clients in the region for complex accounting matters as a technical accounting specialist for almost 20 years.

He is also an IFRS technical partner covering 29 countries from Central and Eastern Europe and Asia. He is the co-author of the PwC IFRS Manual of Accounting (Deferred Tax Section) and delivers IFRS training across the PwC network.

According to participants of Gabor’s trainings, one can always learn new things from him about IFRS and thanks to his experience, he can share interesting practical examples related to any accounting topics.

Grażyna Dadd   

Accounting Consulting Services (ACS), CEE

Areas of expertise

IFRS, specialising in Financial Instruments and related topics

Accounting advice on IFRS implications of transactions and financial structures involving financial instruments, share-based payments, leases and investment properties

General and tailored training sessions and workshops on IFRS delivered internally and externally

Professional qualifications

ACCA (Association of Chartered Certified Accountants)

Master’s degree in International Economic Relations, Academy of Economics in Krakow, Poland

Background

Grażyna Dadd is a Director based in PwC Poland, responsible for advising clients and engagement teams on the interpretation, implementation and application of IFRS in the Central and Eastern Europe. As a member of the global PwC network of IFRS experts, Grażyna contributes to forming views on complex accounting issues and is involved  in preparing guidance and publications.  She also develops and delivers  training on various  aspects of IFRS.

Before joining PwC in CEE, Grażyna worked in the Global Corporate Reporting Group in PwC London and in the Department of Professional Practice of another Big Four firm in Johannesburg, South Africa, where she was responsible for providing IFRS accounting advice on matters related to financial instruments to multinational financial institutions and corporate clients. 

Relevant experience

In CEE, Grażyna provides accounting support to many high profile financial services and listed corporate clients.