myCPE
myCPE

IFRS 18 & 19 Simplified: Financial Statements Presentation and Subsidiary Disclosures 2 Credits

Feb 20, 2025, 03:00 PM ET

IFRS 18 & 19 Simplified: Financial Statements Presentation and Subsidiary Disclosures 2 Credits

  • Rating

    4.6
  • Published on

    September, 2024
  • Subject Area

    Accounting

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Feb 20, 2025, 03:00 PM ET

Learning Objective

  • Discuss the rationale for replacing IAS 1 with IFRS 18.
  • Recognize changes in the primary statements: Profit and Loss and Cash Flows.
  • Explain the revisions and importance of notes to financial statements, including Management Performance Measures.
  • Analyze the purpose and application of IFRS 19 for subsidiaries.
  • Explain how IFRS 19 facilitates appropriate disclosures for subsidiaries without public accountability.

Course Overview

Are you curious about the latest changes in international financial reporting standards? Join our comprehensive webinar designed for finance professionals, accountants, auditors, and others involved in financial reporting. It deepens into the significant updates recently introduced by the IASB.

Explore the rationale behind replacing IAS 1 with IFRS 18 and the specific alterations impacting the Statement of Profit and Loss, notes to financial statements, and the Statement of Cash Flows. Gain insights into how these changes enhance transparency and comparability in financial reporting. Concurrently, understand the role of IFRS 19 in helping subsidiaries adopt comprehensive reporting standards while focusing on disclosure requirements.

Key Topics:

  • IFRS 18: Profit and Loss
  • IFRS 18: Cash Flows
  • IFRS 18: Notes to Statements
  • Management Performance Measures
  • IFRS 19: Subsidiary Disclosures

This webinar by Robert Kirk is essential for anyone looking to stay ahead in international financial reporting. Whether you're a CFO aiming to optimize financial strategies or an auditor ensuring compliance, this course provides invaluable knowledge and practical skills to navigate the complexities of IFRS 18 and 19 effectively.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Financial Reporting for Chartered Global Management Accountants (CGMA) 2 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 2 CPD Eligible
Chartered Accountant - ICAEW 2 CPD Eligible
Chartered Accountants - Ireland (CAI) 2 CPD Eligible
Chartered Accountants - Scotland 2 CPD Eligible
CPA - Ireland 2 CPD Eligible
License details Credits Status
Financial Reporting for Chartered Global Management Accountants (CGMA) 2 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 2 CPD Eligible
Chartered Accountant - ICAEW 2 CPD Eligible
Chartered Accountants - Scotland 2 CPD Eligible
CPA - Ireland 2 CPD Eligible
Chartered Accountants - Ireland (CAI) 2 CPD Eligible

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

At MY-CPE, we offer top-notch ICAEW CPD Courses designed specifically for Chartered Accountants in England and Wales. Our ICAEW ethics CPD course ensures you meet ethical standards, while our ICAEW CPD online courses provide flexibility and convenience. Our expert-led content helps you stay compliant and advance your career with ease. Choose MY-CPE for your continuing professional development needs and experience high-quality education that fits your schedule. Join us today and benefit from the best ICAEW CPD courses available, tailored to enhance your professional growth and keep you ahead in your field.

About Instructor

Robert Kirk
Robert Kirk

Emeritus Professor of Financial Reporting, Ulster University

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

After graduating with a second class first division honours degree in Economics from Queens University, Belfast in 1972 Robert trained as an Irish Chartered Accountant with Price Waterhouse, qualifying in first place in his final examinations in 1975. Subsequently he was employed as the Financial Controller of ICB, a subsidiary of Shell (UK) and as a personal assistant to the partners in James Baird & Co (now part of PricewaterhouseCoopers).  In 1981 he was appointed a Director of Business and Accounting Training in Dublin where he embarked on his academic career, teaching mainly on the professional examination courses for ICAI, CPA, CIMA and ACCA in Belfast and Dublin.  In 1985 he joined Queens University as a full time lecturer and moved to the Ulster University in 1992 as a Senior Lecturer. In 1994 he was appointed to the Chair in Financial Reporting at Ulster.

Robert specialises in the teaching of and research into the development of accounting standards in the United Kingdom. He has published 18 books and numerous articles in both  academic and professional journals. Three of his publications are currently core textbooks for two of the main professional accounting bodies in the United Kingdom.  His publications include IFRS:A Quick Reference Guide (October 2008),  a fourth edition of Accounting Standards in Depth (January 2003), UK Accounting Standards: A Quick Reference Guide (December 2004) and the first edition of Topical Issues in Financial Reporting, all published by the Chartered Institute of Management Accountants and Elsevier. He has written International Financial Reporting Standards in Depth  which was published by Elsevier/CIMA Publishing in July 2005. This has been translated into Russian. He co-authored A Case Study Approach to International Financial Reporting Standards published by The Institute of Certified Public Accountants in Ireland. He was also the editor and main author of the university's quarterly  publication "Irish Company Reporting" (1992-2001) which outlined current practice throughout the island of Ireland using a 150 company database. This was grant aided by the Irish Accountancy Educational Trust.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

Very Good

Average

Poor

Terrible

DW

David Williams, Others
5

Another great CPE class with a wealth of information!!

CT

Chieko Takahashi, CPA (US)
5

Great

Recommended Courses

IFRS 19: Subsidiaries without Public Accountability Disclosures

Jan 29, 03:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Latest IFRS Updates and Application in Financial Reporting

Feb 05, 09:30 AM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
An Introduction to Green Finance and Ethical Investment

Feb 26, 12:00 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Latest IFRS Updates and Application in Financial Reporting

Mar 05, 02:30 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Get Started with Unlimited Learning

Select your plan, complete your payment, and access a world of knowledge.

Subscription Inclusions Silver Gold
13,000+ Hrs of CPE approved Content
tooltip

Largest content library covering all aspects of professional development.

500+ Emerging Subject Areas
tooltip

Wide range of subject areas tailored to meet diverse learning needs of all the department of the firm.

50+ State- Specific Ethics Courses
tooltip

Stay compliant with ethics requirements for every state.

50+ State Compliance Packages
tooltip

Pre-selected courses for quick compliance, saving time and effort.

100+ Advanced Certification Programs
tooltip

Expert-led programs to build advanced expertise and strengthen your career credentials.

AICPA Eligibility Programs (CFF, ABV, PFS)
tooltip

Pre-Packaged Eligibility Courses for AICPA designations such as PFS, ABV, and CFF, offering CPE credits upon completion.

Compliance Tracker and Credit Vault
tooltip

Store all your certificates in one place, stay compliance-ready with ease, and track your progress effortlessly using the built-in credit tracker.

Instant Certification and Fast Reporting
tooltip

Instant reporting to IRS, CFP Board, and other governing bodies.

Mobile App Access (iOS and Android)
Access to Communities
tooltip

Join communities tailored to your specific interests and areas of expertise.

Select Tenure

Start Your Subscription 

Start your journey towards learning and compliance.

$299$199 For 12 Months

Start Your Subscription

$299$199/year

Secure unlimited access

Click Here

More Reasons to Subscribe

  • true true
    80% of Content Rated 4.5+ Stars
    High-quality content rated by professionals.
  • true true
    4X More Content at 1/3rd the Price
    Serious value compared to your regular provider!
  • true true
    Non-Sponsored Content
    Purely educational, unbiased content for your learning.
  • true true
    Monthly & Quarterly Updates
    Keeping you ahead of trends and changes.
  • true true
    Podcasts with Industry Leaders
    Learn and Earn CPE from experts on the go.
Subscribed
Shanna purchased a subscription.
Subscribed
Calvin purchased a subscription.
Subscribed
Tommy purchased a subscription.
Subscribed
Tamara purchased a subscription.
Subscribed
janet purchased a subscription.
Subscribed
Han purchased a subscription.
Subscribed
Laura purchased a subscription.
Subscribed
Maureen purchased a subscription.
Subscribed
SCOTT purchased a subscription.
Subscribed
Katherine Fournier purchased a subscription.
Subscribed
Luella purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Ross purchased a subscription.
Subscribed
Austin purchased a subscription.
Subscribed
Dag purchased a subscription.
Subscribed
KEYUR purchased a subscription.
Subscribed
Linda purchased a subscription.
Subscribed
Karla purchased a subscription.
Subscribed
alexandra purchased a subscription.
Subscribed
Felice purchased a subscription.
Subscribed
Kimberly purchased a subscription.
Subscribed
Robert purchased a subscription.
Subscribed
Kenneth purchased a subscription.
Subscribed
Kathleen purchased a subscription.
Subscribed
Giselle purchased a subscription.
Subscribed
Lyudmila purchased a subscription.
Subscribed
Eric purchased a subscription.
Subscribed
Trevor purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Marissa purchased a subscription.
Subscribed
Greg purchased a subscription.
Subscribed
Lesa purchased a subscription.
Subscribed
Tyler purchased a subscription.
Subscribed
Shahrouz purchased a subscription.
Subscribed
Yiet purchased a subscription.
Subscribed
Nick purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Marina purchased a subscription.
Subscribed
Natalie purchased a subscription.
Subscribed
Jason purchased a subscription.
Subscribed
Shomari purchased a subscription.
Subscribed
Amro purchased a subscription.
Subscribed
Michelle Campbell purchased a subscription.
Subscribed
GINGER purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Brian purchased a subscription.
Subscribed
Jeremy purchased a subscription.
Subscribed
Svetlana purchased a subscription.
Subscribed
Ruchita purchased a subscription.
Subscribed
Kevin purchased a subscription.
Subscribed
Carl M purchased a subscription.
Subscribed
Leland purchased a subscription.
Subscribed
Mirco purchased a subscription.
Subscribed
Paul purchased a subscription.
Subscribed
Kristina purchased a subscription.
Subscribed
Kristen purchased a subscription.
Subscribed
Jamee purchased a subscription.
Subscribed
Joseph purchased a subscription.
Subscribed
Krutali purchased a subscription.
Subscribed
Leo purchased a subscription.
Subscribed
Wan-Jung purchased a subscription.
Subscribed
Jonathan purchased a subscription.
Subscribed
Mark purchased a subscription.
Subscribed
Bonnie purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
Peter purchased a subscription.
Subscribed
Claudia purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Karyssa purchased a subscription.
Subscribed
Steven purchased a subscription.
Subscribed
melissa purchased a subscription.
Subscribed
Jacky purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Kristel purchased a subscription.
Subscribed
Nicole purchased a subscription.
Subscribed
Sally Ann purchased a subscription.
Subscribed
Kristen purchased a subscription.
Subscribed
Ronald purchased a subscription.
Subscribed
Lenilyn purchased a subscription.
Subscribed
Rikako purchased a subscription.
Subscribed
Armand purchased a subscription.
Subscribed
Teresa purchased a subscription.
Subscribed
Melanie purchased a subscription.
Subscribed
Ju Yu purchased a subscription.
Subscribed
ROBERTO purchased a subscription.
Subscribed
Cheryl purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
karl purchased a subscription.
Subscribed
Dawn purchased a subscription.
Subscribed
Maria purchased a subscription.
Subscribed
Julia purchased a subscription.
Subscribed
Devon purchased a subscription.
Subscribed
Rosalie purchased a subscription.
Subscribed
Naftaly purchased a subscription.
Subscribed
Lestiyani purchased a subscription.
Subscribed
Vicky purchased a subscription.
Subscribed
Stephanie purchased a subscription.
Subscribed
Marvin purchased a subscription.