Essentials in 3 hours - First-time adoption of IFRS: applying IFRS 1 [NE42]

    Acquire the fundamentals

    Target audience

    - Accountants
    - Consolidators
    - Controllers
    - Finance, consolidation and accounting managers

    0.5 day

    Virtual Classroom

    IFRS distance learning

    Prerequisites

    This course requires no special prerequisites

    Equipment: a computer with a good Internet connection, camera and microphone. Training materials and the link to the virtual classroom are made available the day before the training session.

    IFRS distance learning

    - Three visuals: the video presenter, the presentation and a virtual flip chart
    - Interactive quizzes
    - 6 participants maximum

    Objectives

    - Gain a solid understanding of IFRS 1 requirements

    - Identify the main challenges to a successful transition to IFRS

    Contents

    > General principles of recognition and measurement

    > Retrospective application

    - Preparing the opening IFRS balance sheet

    - Mandatory exceptions

    - Optional exemptions

    > Information to be provided

    - Comparative information

    - Reconciliation of data with previous accounting standards

    > Organization and information systems issues

    > Illustrations and practical applications based on real-life examples

    Teaching and assessment methods

    During the session: presentation of the main principles, practical implications, examples drawn from recent financial statements. Practical case studies and interactive quizzes to ensure knowledge acquisition.

    Afterwards: summary sheet. The trainer is available at the end of the course to answer any questions relating to this distance learning course.

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    Price

    740 EXCLUDING VAT

    Media

    Testimonials

    IFRS distance learning

    IFRS distance learning

    IFRS distance learning

    Jonathan C.
    Company
    Training