IFRS Refresher

International Financial Reporting Standards (IFRSs) are the world's most widely applied accounting standards. Over 120 countries now require or permit the use of IFRS. Many other countries are either seeking to adopt IFRSs or have decided to converge their national standards with IFRSs.

PwC staff have been involved in helping organisations around the world apply and adopt IFRS across all industries of all sizes as well as being a significant part of the standard setting process and discussions. The resources used in the development of our IFRS training draws on this wealth of expertise and experience and delivers it in an innovative and thought provoking manner.

This lively and interactive introductory three-day course provides an excellent refresher of all major technical IFRS requirements. With illustrative examples and high level coverage of the most significant IFRSs this course will top up your IFRS ability.

Key outcomes

Attending this workshop will be a valuable opportunity to capitalize on the trainer's well rounded experience and in-depth knowledge. By the end of the course you will have a greater understanding of:

• The IFRS regulatory environment
• The format and contents of IFRS financial statements
• Commonly encountered statement of financial position issues
• Commonly encountered statement of comprehensive income issues
• The content and requirements of key IFRSs

Who should attend?

This course is ideal for professionals working in accounting, audit and finance who want to broaden the knowledge on theory and practical aspects of International Financial Reporting Standards. This course is suitable for anyone involved in preparation, review or analysis of financial statements whether an accountant, auditor, lender, credit analyst or manager.

Topics covered

• Introduction to IFRS
• Presentation of finanical statements (IAS 1)
• Statement of comprehensive income issues
• Statement of fianancial position issues
• Group issues