Important IFRS Updates in brief
- Description
- Who should attend
- Topics covered on the training
- Tutors
- Training Details
Description
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.
Like 2021, the year 2022 also doesn’t hold that much change in International Financial Reporting Standards than the earlier years, although there were some minor standard modifications. The currently introduced changes to accounting standards provide a number of clarifications or practical simplifications that may be helpful for preparers of financial statements. Course will provide an update on all the latest developments and trends in IFRS, including IFRIC agenda decisions, illustrating them with practical examples and questions.
Beside the amendments, other hot topics will be discussed as well, like leases related hot topics, how to treat business combinations under common control, how to treat borrowing modifications, what is important to know about a sale and leaseback transaction, etc.
Who should attend
This course is ideal for CFOs, accountants, financial analysts, finance directors, finance controllers/managers, audit practitioners and internal auditors who want to stay updated with the latest developments in IFRS and prepare for the impact of those on their business.
Topics covered on the training
● IFRS 16 - Leases - Hot topics (lease term reassessment, lease modification, impairment and IFRS 16)
● Business combinations under common control
● ESG - accounting implications
● Cash Received via Electronic Transfer as Settlement for a Financial Asset
● Sale and leaseback
● Borrowing modifications
● Intragroup financial guarantees
● ECL calculation questions for loans
● New standard amendments, IFRIC agenda decisions and IASB’s workplan
Tutors
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.
Training Details
Classroom Training
Venue: PwC Georgia Academy. Address: King David Business Center, 7th floor, #12 M. Aleksidze street
Date: 19 May 2022
Time: 10:00-17:00
Language: English
Price: GEL 800 + VAT 18%
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