IFRS - first time adoption workshop

How to get started with IFRS

Anyone needing guidance on the first-time adoption of IFRS: if the ASB proceeds with its current proposals, many additional entities in the UK will be required or may choose to adopt IFRS in the near future.

IFRS 1 provides guidance on the first-time adoption of IFRS. This case study based workshop looks at the requirements of this standard and will provide practical guidance on producing your opening IFRS balance sheet and restating your prior year financial statements to comply with IFRS.

The speaker will be drawn from a pool of qualified professionals who specialise in this subject. Having worked for leading organisations they will relate the course content to real life case studies.

• Current proposals to extend the use of IFRS to additional UK entities.
• How to identify key conversion issues.
• How to create your opening IFRS balance sheet and exceptions from the normal requirements of IFRS that can be applied when producing it.
• Presentation and disclosure requirements.
• How to communicate the transition to IFRS to investors and other stakeholders.

The course starts at 9.30am, with registration and coffee from 9.00am, and ends at 4.30pm. Lunch and refreshments are provided.

5.5 CPD hours (where applicable)

This course assumes some prior knowledge of IFRS and is suitable for those who have worked with IFRS in practice, studied IFRS as part of their professional exams or attended our IFRS - introduction course.

Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.

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