International Financial Reporting Standards IFRS and Updates Course

Stay updated with the latest IFRS standards and how to implement them in your organization with our course. BMC Training offers International Financial Reporting Standards IFRS and Updates Course in Finance , Accounting and Budgeting Courses.

  • English
  • 192 Training Sessions
  • Confirmed
  • One Week
International Financial Reporting Standards IFRS and Updates Training Course

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Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Madrid , Spain 16 - Jun - 2024 20 - Jun - 2024 6950 GBP
London , UK 16 - Jun - 2024 20 - Jun - 2024 4950 GBP
Berlin , Germany 16 - Jun - 2024 20 - Jun - 2024 7900 GBP
Munich , Germany 16 - Jun - 2024 20 - Jun - 2024 7900 GBP
New York , United States 16 - Jun - 2024 20 - Jun - 2024 10900 GBP
Amsterdam , Netherlands 16 - Jun - 2024 20 - Jun - 2024 8100 GBP
Istanbul , Turkey 23 - Jun - 2024 27 - Jun - 2024 4700 GBP
Singapore , Singapore 23 - Jun - 2024 27 - Jun - 2024 7500 GBP
Bali , Indonesia 23 - Jun - 2024 27 - Jun - 2024 8100 GBP
Washington , United States 23 - Jun - 2024 27 - Jun - 2024 11000 GBP
Milan , Italy 16 - Jun - 2024 20 - Jun - 2024 6950 GBP
Rome , Italy 7 - Jul - 2024 11 - Jul - 2024 7300 GBP
Kuala Lumpur , Malaysia 7 - Jul - 2024 11 - Jul - 2024 4750 GBP
Zurich , Switzerland 7 - Jul - 2024 11 - Jul - 2024 7950 GBP
Barcelona , Spain 7 - Jul - 2024 11 - Jul - 2024 6950 GBP
Rome , Italy 14 - Jul - 2024 18 - Jul - 2024 7300 GBP
Kuala Lumpur , Malaysia 14 - Jul - 2024 18 - Jul - 2024 4750 GBP
Zurich , Switzerland 14 - Jul - 2024 18 - Jul - 2024 7950 GBP
Barcelona , Spain 14 - Jul - 2024 18 - Jul - 2024 6950 GBP
Kuala Lumpur , Malaysia 21 - Jul - 2024 25 - Jul - 2024 4750 GBP
Barcelona , Spain 21 - Jul - 2024 25 - Jul - 2024 6950 GBP
Rome , Italy 21 - Jul - 2024 25 - Jul - 2024 7300 GBP
Zurich , Switzerland 21 - Jul - 2024 25 - Jul - 2024 7950 GBP
Dubai , UAE 28 - Jul - 2024 1 - Aug - 2024 4987.5 GBP
Hong Kong , Hong Kong 28 - Jul - 2024 1 - Aug - 2024 8500 GBP
Paris , France 28 - Jul - 2024 1 - Aug - 2024 6700 GBP
London , UK 14 - Jul - 2024 18 - Jul - 2024 4950 GBP
Munich , Germany 14 - Jul - 2024 18 - Jul - 2024 7900 GBP
Madrid , Spain 14 - Jul - 2024 18 - Jul - 2024 6950 GBP
New York , United States 14 - Jul - 2024 18 - Jul - 2024 10900 GBP
Berlin , Germany 14 - Jul - 2024 18 - Jul - 2024 7900 GBP
London , UK 21 - Jul - 2024 25 - Jul - 2024 4950 GBP
Amsterdam , Netherlands 14 - Jul - 2024 18 - Jul - 2024 8100 GBP
Munich , Germany 21 - Jul - 2024 25 - Jul - 2024 7900 GBP
Madrid , Spain 21 - Jul - 2024 25 - Jul - 2024 6950 GBP
New York , United States 21 - Jul - 2024 25 - Jul - 2024 10900 GBP
Berlin , Germany 21 - Jul - 2024 25 - Jul - 2024 7900 GBP
Amsterdam , Netherlands 21 - Jul - 2024 25 - Jul - 2024 8100 GBP
London , UK 7 - Jul - 2024 11 - Jul - 2024 4950 GBP
Munich , Germany 7 - Jul - 2024 11 - Jul - 2024 7900 GBP
Madrid , Spain 7 - Jul - 2024 11 - Jul - 2024 6950 GBP
New York , United States 7 - Jul - 2024 11 - Jul - 2024 10900 GBP
Berlin , Germany 7 - Jul - 2024 11 - Jul - 2024 7900 GBP
Amsterdam , Netherlands 7 - Jul - 2024 11 - Jul - 2024 8100 GBP
Tokyo , Japan 28 - Jul - 2024 1 - Aug - 2024 9750 GBP
Milan , Italy 14 - Jul - 2024 18 - Jul - 2024 6950 GBP
Milan , Italy 21 - Jul - 2024 25 - Jul - 2024 6950 GBP
Milan , Italy 7 - Jul - 2024 11 - Jul - 2024 6950 GBP
Rome , Italy 4 - Aug - 2024 8 - Aug - 2024 7300 GBP
Kuala Lumpur , Malaysia 4 - Aug - 2024 8 - Aug - 2024 4750 GBP
Zurich , Switzerland 4 - Aug - 2024 8 - Aug - 2024 7950 GBP
Barcelona , Spain 4 - Aug - 2024 8 - Aug - 2024 6950 GBP
London , UK 11 - Aug - 2024 15 - Aug - 2024 4950 GBP
Munich , Germany 11 - Aug - 2024 15 - Aug - 2024 7900 GBP
Madrid , Spain 11 - Aug - 2024 15 - Aug - 2024 6950 GBP
New York , United States 11 - Aug - 2024 15 - Aug - 2024 10900 GBP
Berlin , Germany 11 - Aug - 2024 15 - Aug - 2024 7900 GBP
Amsterdam , Netherlands 11 - Aug - 2024 15 - Aug - 2024 8100 GBP
Bali , Indonesia 18 - Aug - 2024 22 - Aug - 2024 8100 GBP
Istanbul , Turkey 18 - Aug - 2024 22 - Aug - 2024 4700 GBP
Washington , United States 18 - Aug - 2024 22 - Aug - 2024 11000 GBP
Singapore , Singapore 18 - Aug - 2024 22 - Aug - 2024 7500 GBP
Paris , France 25 - Aug - 2024 29 - Aug - 2024 6700 GBP
Dubai , UAE 25 - Aug - 2024 29 - Aug - 2024 4987.5 GBP
Hong Kong , Hong Kong 25 - Aug - 2024 29 - Aug - 2024 8500 GBP
London , UK 25 - Aug - 2024 29 - Aug - 2024 4950 GBP
Munich , Germany 25 - Aug - 2024 29 - Aug - 2024 7900 GBP
Madrid , Spain 25 - Aug - 2024 29 - Aug - 2024 6950 GBP
New York , United States 25 - Aug - 2024 29 - Aug - 2024 10900 GBP
Berlin , Germany 25 - Aug - 2024 29 - Aug - 2024 7900 GBP
Amsterdam , Netherlands 25 - Aug - 2024 29 - Aug - 2024 8100 GBP
Milan , Italy 11 - Aug - 2024 15 - Aug - 2024 6950 GBP
Tokyo , Japan 25 - Aug - 2024 29 - Aug - 2024 9750 GBP
Milan , Italy 25 - Aug - 2024 29 - Aug - 2024 6950 GBP
Rome , Italy 22 - Sep - 2024 26 - Sep - 2024 7300 GBP
Kuala Lumpur , Malaysia 22 - Sep - 2024 26 - Sep - 2024 4750 GBP
Zurich , Switzerland 22 - Sep - 2024 26 - Sep - 2024 7950 GBP
Barcelona , Spain 22 - Sep - 2024 26 - Sep - 2024 6950 GBP
Kuala Lumpur , Malaysia 1 - Sep - 2024 5 - Sep - 2024 4750 GBP
Barcelona , Spain 1 - Sep - 2024 5 - Sep - 2024 6950 GBP
Rome , Italy 1 - Sep - 2024 5 - Sep - 2024 7300 GBP
Zurich , Switzerland 1 - Sep - 2024 5 - Sep - 2024 7950 GBP
Madrid , Spain 8 - Sep - 2024 12 - Sep - 2024 6950 GBP
London , UK 8 - Sep - 2024 12 - Sep - 2024 4950 GBP
Berlin , Germany 8 - Sep - 2024 12 - Sep - 2024 7900 GBP
Munich , Germany 8 - Sep - 2024 12 - Sep - 2024 7900 GBP
New York , United States 8 - Sep - 2024 12 - Sep - 2024 10900 GBP
Amsterdam , Netherlands 8 - Sep - 2024 12 - Sep - 2024 8100 GBP
Paris , France 15 - Sep - 2024 19 - Sep - 2024 6700 GBP
Dubai , UAE 15 - Sep - 2024 19 - Sep - 2024 4987.5 GBP
Hong Kong , Hong Kong 15 - Sep - 2024 19 - Sep - 2024 8500 GBP
London , UK 1 - Sep - 2024 5 - Sep - 2024 4950 GBP
Munich , Germany 1 - Sep - 2024 5 - Sep - 2024 7900 GBP
Madrid , Spain 1 - Sep - 2024 5 - Sep - 2024 6950 GBP
New York , United States 1 - Sep - 2024 5 - Sep - 2024 10900 GBP
Berlin , Germany 1 - Sep - 2024 5 - Sep - 2024 7900 GBP
Amsterdam , Netherlands 1 - Sep - 2024 5 - Sep - 2024 8100 GBP
London , UK 22 - Sep - 2024 26 - Sep - 2024 4950 GBP
Munich , Germany 22 - Sep - 2024 26 - Sep - 2024 7900 GBP
Madrid , Spain 22 - Sep - 2024 26 - Sep - 2024 6950 GBP
New York , United States 22 - Sep - 2024 26 - Sep - 2024 10900 GBP
Berlin , Germany 22 - Sep - 2024 26 - Sep - 2024 7900 GBP
Amsterdam , Netherlands 22 - Sep - 2024 26 - Sep - 2024 8100 GBP
Milan , Italy 8 - Sep - 2024 12 - Sep - 2024 6950 GBP
Tokyo , Japan 15 - Sep - 2024 19 - Sep - 2024 9750 GBP
Milan , Italy 1 - Sep - 2024 5 - Sep - 2024 6950 GBP
Milan , Italy 22 - Sep - 2024 26 - Sep - 2024 6950 GBP
Rome , Italy 20 - Oct - 2024 24 - Oct - 2024 7300 GBP
Kuala Lumpur , Malaysia 20 - Oct - 2024 24 - Oct - 2024 4750 GBP
Zurich , Switzerland 20 - Oct - 2024 24 - Oct - 2024 7950 GBP
Barcelona , Spain 20 - Oct - 2024 24 - Oct - 2024 6950 GBP
London , UK 27 - Oct - 2024 31 - Oct - 2024 4950 GBP
Munich , Germany 27 - Oct - 2024 31 - Oct - 2024 7900 GBP
Madrid , Spain 27 - Oct - 2024 31 - Oct - 2024 6950 GBP
New York , United States 27 - Oct - 2024 31 - Oct - 2024 10900 GBP
Berlin , Germany 27 - Oct - 2024 31 - Oct - 2024 7900 GBP
Amsterdam , Netherlands 27 - Oct - 2024 31 - Oct - 2024 8100 GBP
Bali , Indonesia 6 - Oct - 2024 10 - Oct - 2024 8100 GBP
Istanbul , Turkey 6 - Oct - 2024 10 - Oct - 2024 4700 GBP
Washington , United States 6 - Oct - 2024 10 - Oct - 2024 11000 GBP
Singapore , Singapore 6 - Oct - 2024 10 - Oct - 2024 7500 GBP
Dubai , UAE 13 - Oct - 2024 17 - Oct - 2024 4987.5 GBP
Hong Kong , Hong Kong 13 - Oct - 2024 17 - Oct - 2024 8500 GBP
Paris , France 13 - Oct - 2024 17 - Oct - 2024 6700 GBP
London , UK 13 - Oct - 2024 17 - Oct - 2024 4950 GBP
Munich , Germany 13 - Oct - 2024 17 - Oct - 2024 7900 GBP
Madrid , Spain 13 - Oct - 2024 17 - Oct - 2024 6950 GBP
New York , United States 13 - Oct - 2024 17 - Oct - 2024 10900 GBP
Berlin , Germany 13 - Oct - 2024 17 - Oct - 2024 7900 GBP
Amsterdam , Netherlands 13 - Oct - 2024 17 - Oct - 2024 8100 GBP
Milan , Italy 27 - Oct - 2024 31 - Oct - 2024 6950 GBP
Tokyo , Japan 13 - Oct - 2024 17 - Oct - 2024 9750 GBP
Milan , Italy 13 - Oct - 2024 17 - Oct - 2024 6950 GBP
Rome , Italy 17 - Nov - 2024 21 - Nov - 2024 7300 GBP
Kuala Lumpur , Malaysia 17 - Nov - 2024 21 - Nov - 2024 4750 GBP
Zurich , Switzerland 17 - Nov - 2024 21 - Nov - 2024 7950 GBP
Barcelona , Spain 17 - Nov - 2024 21 - Nov - 2024 6950 GBP
Kuala Lumpur , Malaysia 24 - Nov - 2024 28 - Nov - 2024 4750 GBP
Barcelona , Spain 24 - Nov - 2024 28 - Nov - 2024 6950 GBP
Rome , Italy 24 - Nov - 2024 28 - Nov - 2024 7300 GBP
Zurich , Switzerland 24 - Nov - 2024 28 - Nov - 2024 7950 GBP
London , UK 3 - Nov - 2024 7 - Nov - 2024 4950 GBP
Munich , Germany 3 - Nov - 2024 7 - Nov - 2024 7900 GBP
Madrid , Spain 3 - Nov - 2024 7 - Nov - 2024 6950 GBP
New York , United States 3 - Nov - 2024 7 - Nov - 2024 10900 GBP
Berlin , Germany 3 - Nov - 2024 7 - Nov - 2024 7900 GBP
Amsterdam , Netherlands 3 - Nov - 2024 7 - Nov - 2024 8100 GBP
Dubai , UAE 10 - Nov - 2024 14 - Nov - 2024 4987.5 GBP
Hong Kong , Hong Kong 10 - Nov - 2024 14 - Nov - 2024 8500 GBP
Paris , France 10 - Nov - 2024 14 - Nov - 2024 6700 GBP
London , UK 24 - Nov - 2024 28 - Nov - 2024 4950 GBP
Munich , Germany 24 - Nov - 2024 28 - Nov - 2024 7900 GBP
Madrid , Spain 24 - Nov - 2024 28 - Nov - 2024 6950 GBP
New York , United States 24 - Nov - 2024 28 - Nov - 2024 10900 GBP
Berlin , Germany 24 - Nov - 2024 28 - Nov - 2024 7900 GBP
Amsterdam , Netherlands 24 - Nov - 2024 28 - Nov - 2024 8100 GBP
London , UK 17 - Nov - 2024 21 - Nov - 2024 4950 GBP
Munich , Germany 17 - Nov - 2024 21 - Nov - 2024 7900 GBP
Madrid , Spain 17 - Nov - 2024 21 - Nov - 2024 6950 GBP
New York , United States 17 - Nov - 2024 21 - Nov - 2024 10900 GBP
Berlin , Germany 17 - Nov - 2024 21 - Nov - 2024 7900 GBP
Amsterdam , Netherlands 17 - Nov - 2024 21 - Nov - 2024 8100 GBP
Milan , Italy 3 - Nov - 2024 7 - Nov - 2024 6950 GBP
Tokyo , Japan 10 - Nov - 2024 14 - Nov - 2024 9750 GBP
Milan , Italy 24 - Nov - 2024 28 - Nov - 2024 6950 GBP
Milan , Italy 17 - Nov - 2024 21 - Nov - 2024 6950 GBP
Rome , Italy 15 - Dec - 2024 19 - Dec - 2024 7300 GBP
Kuala Lumpur , Malaysia 15 - Dec - 2024 19 - Dec - 2024 4750 GBP
Zurich , Switzerland 15 - Dec - 2024 19 - Dec - 2024 7950 GBP
Barcelona , Spain 15 - Dec - 2024 19 - Dec - 2024 6950 GBP
London , UK 22 - Dec - 2024 26 - Dec - 2024 4950 GBP
Munich , Germany 22 - Dec - 2024 26 - Dec - 2024 7900 GBP
Madrid , Spain 22 - Dec - 2024 26 - Dec - 2024 6950 GBP
New York , United States 22 - Dec - 2024 26 - Dec - 2024 10900 GBP
Berlin , Germany 22 - Dec - 2024 26 - Dec - 2024 7900 GBP
Amsterdam , Netherlands 22 - Dec - 2024 26 - Dec - 2024 8100 GBP
Bali , Indonesia 8 - Dec - 2024 12 - Dec - 2024 8100 GBP
Istanbul , Turkey 8 - Dec - 2024 12 - Dec - 2024 4700 GBP
Washington , United States 8 - Dec - 2024 12 - Dec - 2024 11000 GBP
Singapore , Singapore 8 - Dec - 2024 12 - Dec - 2024 7500 GBP
Paris , France 1 - Dec - 2024 5 - Dec - 2024 6700 GBP
Dubai , UAE 1 - Dec - 2024 5 - Dec - 2024 4987.5 GBP
Hong Kong , Hong Kong 1 - Dec - 2024 5 - Dec - 2024 8500 GBP
London , UK 1 - Dec - 2024 5 - Dec - 2024 4950 GBP
Munich , Germany 1 - Dec - 2024 5 - Dec - 2024 7900 GBP
Madrid , Spain 1 - Dec - 2024 5 - Dec - 2024 6950 GBP
New York , United States 1 - Dec - 2024 5 - Dec - 2024 10900 GBP
Berlin , Germany 1 - Dec - 2024 5 - Dec - 2024 7900 GBP
Amsterdam , Netherlands 1 - Dec - 2024 5 - Dec - 2024 8100 GBP
Milan , Italy 22 - Dec - 2024 26 - Dec - 2024 6950 GBP
Tokyo , Japan 1 - Dec - 2024 5 - Dec - 2024 9750 GBP
Milan , Italy 1 - Dec - 2024 5 - Dec - 2024 6950 GBP

Course Syllabus

Introduction

The diminishing differences between generally accepted accounting principles (GAAP), principally established by the Financial Accounting Standards Board (FASB), and international financial reporting standards (IFRS), as established by the International Accounting Standards Board (IASB”, is narrowing at a faster pace. IFRS are now the world’s most widely accepted and applied accounting standards with more than 100 countries now requiring or permitting their use.

During this comprehensive programme participants will obtain an understanding of the following bodies of knowledge:

  • The basic concepts of accounting and financial reporting disclosures and varying reconciling and non-reconciling differences between GAAP and IFRS
  • The scope, structure, contents and components of IFRS compliant financial statements, including underlying assumptions and related footnotes disclosures
  • Measurement and recognition of the various elements of international accounting principles and standards, including transition concerns
  • Revenue recognition and financial reporting requirements

Objectives

As a result of completing this programme, all participants will improve their knowledge, understanding and analytical skills in terms of IFRS in terms of the following benefits:

  • Understanding the current and potential future requirements of IFRS, including the final prospects and timetable for the convergence of GAAP and IFRS
  • Applying standards in accordance with their requirements in terms of preparing IFRS compliant financial statements, including the selection of appropriate accounting policies and related footnote disclosures
  • Understanding the recognition and measurement principles as delineated within the IASB’s Framework and comprehending their application within each accounting standard
  • Defining and applying the transition process to IFRS and identifying the first-time exemption as well as exceptions relating to the financial statements of a transitioning  organization
  • Examining accounting standards that either require or permit the use of fair value measurement (including comparisons to U.S. Financial Accounting Standards Nos. 157 and 159), determining fair value measurements and financial statement recognition issues and presentation

Contents

Day One

Evolution of International Accounting Standards

  • International Financial Reporting Standards (‘IFRS”)
    • Introduction, History and Overview of Existing and Future Standards
    • Roles of the Various Accounting Standards Setting Bodies
    • Objectives and Structure of the International Accounting Standards Board (“IASB”)
  • Framework, Demand and Adoption of IFRS
  • Convergence
    • Introduction and Historical Overview
    • Issues, Benefits and Problems of Convergence
    • IASB/FASB Projects
    • U.S. SEC Adoption Timeline and Activities

Day Two

Structural Framework for the Preparation and Presentation of Financial Statements

  • Purpose and Objectives, including Financial Statement Audit Impact
  • Scope, Structure and Content of IFRS Financial Statements
  • Accounting Policies and Underlying Assumptions
  • Components of Financial Statements, including Qualitative Characteristics
  • Measurement and Recognition of the Elements of Financial Statements
  • Transition Concerns and Transition Plan Elements

Day Three

Preparation and Presentation of IFRS Financial Statements

  • Structure and Content of Both General and Specific Elements of  Financial Statements
    • IAS 1
    • Balance Sheet
    • Income Statement
    • Presenting Either a Statement of Changes In Equity or a Statement of Recognized Income or Expense (“SORIE”)
    • Statement of Cash Flow
    • Consolidation Criteria and Requirements
  • Notes to Financial Statements and Related Disclosures
  • Revenue Recognition and Reporting Requirements

Day Four

Conversion Preparation to IFRS

  • Examining Substantive Differences in Disparate Accounting Treatments
    • Inventory
    • Fixed Assets
    • Valuation
    • Revaluation
    • Depreciation
    • Deferred Taxes
    • Contingencies
  • Performing Thorough Assessments
    • Technical Accounting and Tax Implications and Risks
    • Supporting Established Processes and Infrastructure Considerations
    • Adopting Implementation Plans
  • Conversion Issues and Concerns
    • Technical Accounting and Tax Conversion Issues
    • Designing Supporting Processes and Infrastructure Features
    • Developing Revised Organization Plans and Change Strategies
  • Conversion Maintenance
    • Implementing  Support Processes and Infrastructure Features
    • Change Management Execution Strategies
    • Conversion Transfers
    • Comparative Analysis of Companies Adopting or Not Adopting IFRS

Day Five

Impact of IFRS on Financial Statement Interpretations

  • International Accounting and Diversity Considerations
  • Financial Analysis Tools and Techniques
    • Common Size Statements
    • Trend Analysis
    • Ratio Analysis
    • Dupont Analysis
    • Z Scores
    • Investment Ratios
    • Cash Flow Ratios
    • Peer Group and Industry Comparisons
  • Importance of Corporate Governance and Awareness of IFRS Best Practices
  • Future IFRS Considerations

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