IFRS Update 2023

SEE Online training

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, 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 and the high inflation environment on all the related standards

Who is it for:

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.

Our tutors

Gabor Balasz - IFRS Update tutor

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 27 countries from Central and Eastern Europe and Asia. He is the co-author of the PwC IFRS Manual of Accounting 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. 

Topics covered on the training:

  • Different taxes in the world of IFRS - 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
  • Lease modification
  • Accounting implications of rising inflation and high interest rates
  • Accounting implications of the Ukrain-Russian war
  • New standard amendments, IFRIC agenda decisions and IASB’s workplan.

Training information

  • Date: 15 November 2023
  • Time: 10:00 - 16:00 EET (09:00 - 15:00 CET)
  • Venue: live online event, link will be sent prior to the training
  • Language: English
  • Price: 280 EUR (excl. VAT)
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Evgenija Karkinska Lazarovska

PwC's Academy leader, PwC Macedonia