Tax implications of adopting IFRS

The effect on current and deferred tax liabilities

Those responsible for computing corporation tax liabilities, whose company or group have adopted or are considering adopting IFRS

An increased understanding of the effect on current and deferred tax liabilities, illustrated by examples and speaker-led case studies.

The speaker will be drawn from a pool of specialists including: Geoff Sykes, a consultant advising a wide range of business and personal clients on all aspects of tax. His previous experience includes ten years in London with Deloittes, originally as a tax specialist, and later as national tax training manager. He spent 20 years as tax partner in a medium sized firm based in Leeds and Kendal.

• the EU rules on adopting IFRS
• the potential tax charges and credits that will arise from the initial migration to IFRS and the opening balance sheet adjustments required
• the ongoing changes to tax liabilities and credits caused by IFRS adoption affecting reported profits and balance sheet values
• the detailed provisions relating to deferred taxation under IFRS incorporating the effects of the more recent standards on share based payment and business combinations
• how the adoption of IFRS will change deferred tax assets and liabilities previously reported under UK GAAP including recognition, presentation, measurement and disclosure

The course will start at 9.30am, with registration and coffee from 9.00am, and end at 4.30pm. Lunch and refreshments are provided.

5.5 CPD hours (where applicable)

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

CIMA on demand
CIMA on demand is a high quality online professional development solution, specifically designed for busy finance and business professionals. Find out more.