IFRS Demystified: Core Concepts & Applications 7.5 Credits
Your Guide to First Time Adoption, Exemption & Option, Fixed Assets, Business Combination, and Fair Value Measurement
Learning mode
IFRS fosters transparency and accountability in financial reporting across various entities, ensuring accuracy and integrity in financial statements. However, navigating its complexities requires a thorough understanding of key concepts.
For U.S. Publicly Accountable Enterprises (PAEs), transitioning to IFRS entails publishing comparative financial statements, including quarterly ones, by IFRS Standard #1. This involves bridging the gap between GAAP and IFRS through meticulous implementation processes outlined in this course.
IAS 16 focuses on property, plant, and equipment, demanding meticulous record-keeping and accounting treatment. This webinar delves into the nuances of recording and re-evaluating long-lived assets, crucial for compliance with IFRS standards.
Amidst heightened merger and acquisition activity, accountants must master IFRS 3 - Business Combinations. They must adeptly integrate acquired assets, liabilities, and equity, assign fair values, and ensure comprehensive disclosures and financial statement presentations.
Fair value recognition, a key aspect of IFRS and US GAAP, undergoes constant evolution. This webinar equips accountants to navigate these changes, offering insights into disclosure requirements and providing practical examples for measuring fair value accurately, especially when involving valuation specialists.
This online CPE Course covers the following Key topics:
If you are interested in the IFRS and its implementation, the Certified IFRS Professionals Course might interest you.
Credits
Course Level
Instructional Method
Pre-requisites
Advance Preparation
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MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.
Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.
An entertaining and informative speaker and trainer, Mike is the author of:
“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.
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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.
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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.
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.
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.
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.
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.
CT
A great course that provides a strong foundation of learning for IFRS. It has increased my understanding greatly on this topic.
DW
Really interesting!
Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.
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.
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.
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