IFRS in practice – Part 2
  • Compliance and regulatory frameworks - Know regulatory, financial, risk and ethical frameworks (Sarbanes-Oxley system, AMF and SEC regulations, etc.).
  • Consolidation under IFRS - Accounting production: Know how to prepare consolidated accounts under IFRS.
  • Financial instruments and hedging tools - Be familiar with financial instruments and hedging tools (fair value hedge /cash flow hedge, titirisation, credit derivatives, hybrid debt)
  • Financial statements and notes - Know the balance sheet, the income statement, the cash flow statement, the statement of changes in shareholders' equity, the OIC, the notes.
  • IFRS standards - International Financial Reporting Standards

Target audience

- Accountants
- Accounting managers
- Chartered Accountants, Statutory Auditors
- Consolidation and Accounting Directors
- Consolidation managers
- Consolidators
- Financial managers
- Management controllers

2 day

Prerequisites

This training is the continuation of ” IFRS in practice – Part 1 “.

Objectives

– Be able to apply IFRS
– Master professional practice on more complex IFRS issues

Detailed content

> Reminders on the key messages from the first part of the training session

> Consolidation under IFRS

– Review of the scope of consolidation in IFRS (IFRS 10, IFRS 11 and IAS 28), and of the required disclosures (IFRS 12)
– Transactions impacting the scope of consolidation: step acquisition, take over, changes in the level of ownership without change in the consolidation method, losses of control, transactions with minority shareholders
– Goodwill under IFRS. Impairment tests (IAS 36 and IFRIC 10).

> Financial instruments: IFRS 9

– Categories of financial instruments in IFRS, accounting methods, amortized cost (effective interest rate) and fair value measurement
– Principles and conditions for hedge accounting in IFRS
– Disclosures to provide about risks related to financial instruments (IFRS7)

> Debt or equity? Hybrid financial instruments and their IFRS treatment

> IFRS financial information

– Financial statements: presentation (IAS 1), statement of cash flows (IAS 7), earnings per share (IAS 33)
– Improved disclosures: operating segments (IFRS 8), related party disclosures (IAS 24)
– Interim financial reporting (IAS 34)

Why should you attend?

Whether you are looking for a comprehensive first approach to IFRS or for a good refresher to understand IFRS, this training will allow you to implement the standards and get the « right reflexes ».
You will acquire a broad overview of IFRS and will acquire the perspective that is necessary for a professional IFRS implementation.
This training is the second part of a comprehensive 5-day session (please refer to « IFRS in practice – Part 1»).

Special offer for bundling the two trainings programmes

Training methods and assessment

Technical presentation of the key concepts, examples drawn from recent economic publications and numerous case studies. Field experience sharing.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

The trainer is available by e-mail and telephone to answer any follow-up questions participants may have.

Price

1 840 € EXCL. TAX – 2 208 € INCL. TAX

Médias

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Témoignages

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Jonathan C.
Entreprise
Formation