IFRS Refresher & Updates

IFRS Refresher & Updates provides a comprehensive review of key International Financial Reporting Standards together with the latest amendments, improvements and regulatory developments. The course is designed to keep finance professionals up to date with current IFRS requirements and emerging changes that impact financial reporting.

Accounting standards continue to evolve in response to economic changes, regulatory reforms and global reporting demands. Organisations must ensure compliance with new amendments, revised standards and disclosure requirements to maintain transparency and avoid reporting risks. This course revisits core IFRS principles while highlighting recent updates and practical implementation considerations.

Participants will gain clarity on complex standards, understand current interpretations and enhance their ability to prepare compliant and high-quality financial statements.

TARGET COMPETENCIES

This IFRS Training comprehensive course will enable participants to appreciate and understand the following target competencies:

• Refresh core IFRS principles and concepts

• Understand recent amendments and annual improvements

• Identify key changes affecting financial statements

• Apply updated recognition and measurement requirements

• Strengthen disclosure compliance

• Interpret regulatory and standard-setting developments

• Avoid common reporting errors and compliance risks

• Enhance professional judgement in complex accounting areas

WHO SHOULD ATTEND?

This course is ideal for professionals involved in preparing, reviewing or analysing IFRS financial statements.

• Accounting Professionals

• Finance Directors

• Chief Financial Officers

• Financial Reporting Managers

• Accountants

• Auditors

• Financial Analysts

• Internal Auditors

• Regulatory Reporting Teams

Organisations consider this course an essential annual update to ensure finance teams remain compliant and aligned with evolving IFRS requirements.

COURSE OUTLINE

IFRS Conceptual Framework Refresher

• Objectives of financial reporting

• Recognition and measurement concepts

• Judgement and estimates

Key Standards Refresher

• Revenue recognition (IFRS 15)

• Leases (IFRS 16)

• Financial instruments (IFRS 9)

• Impairment of assets (IAS 36)

• Provisions (IAS 37)

Recent IFRS Amendments and Updates

• Annual improvements

• Amendments impacting presentation and disclosures

• New and upcoming standards

Disclosure Developments

• Enhanced transparency requirements

• Materiality considerations

• Common disclosure deficiencies

Regulatory and Reporting Trends

• Emerging global reporting developments

• Practical implementation challenges

• Auditor and regulator focus areas

VENUE

Choice between In-house / External Venue / Live Online Classroom

Do you have more people interested in attending this course? Would you like to tailor it to meet your company’s exact requirements? We can deliver this course at your organisation’s premises, helping you reduce costs and increase return on investment.

If you require a customised learning solution, our learning specialists will guide you from consultation to evaluation to ensure maximum training value.