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.
| License details | Credits | Status |
|---|---|---|
| Accounting for Certified Public Accountants (CPA-US) | 7.5 CPE | Approved |
| Financial Accounting for Certified Internal Auditors (CIA) | 7.5 CPE | Eligible |
| Accounting & Auditing for Certified Management Accountants (CMA) | 7.5 CPE | Eligible |
| Financial Reporting for Chartered Global Management Accountants (CGMA) | 7.5 CPE | Eligible |
| Accounting for Chartered Financial Analyst (CFA) | 7.5 PL | Eligible |
| Accounting for Delaware Licensed Public Accountant (DE-LPA) | 7.5 CPE | Eligible |
| Accounting for Certified Government Financial Manager (CGFM) | 7.5 CPE | Eligible |
| Accounting for Certified Fraud Examiner (CFE) | 7.5 CPE | Eligible |
| Accounting for Internal Audit Practitioner (IAP) | 7.5 CPE | Eligible |
| Financial Reporting for Certified Financial Forensics (CFF) | 7.5 CPD | Eligible |
| Financial accounting for Certified Valuation Analyst (CVA) | 7.5 CPE | Eligible |
| Accounting for Qualification in Internal Audit Leadership (QIAL) | 7.5 CPE | Eligible |
| Accounting for Iowa Licensed Public Accountant (IA-LPA) | 7.5 CPE | Eligible |
| Accounting for Maine Licensed Public Accountant (ME-LPA) | 7.5 CPE | Eligible |
| Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) | 7.5 CPE | Eligible |
| Accounting for CIPM | 7.5 PL | Eligible |
| Financial accounting concepts for Certified FP&A Professional (FP&A) | 7.5 CE | Eligible |
Credits
Course Level
Instructional Method
Pre-requisites
Advance Preparation
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
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.
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.
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.
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.
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.
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.
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.
YW
This course contains very extensive content. After taking this course, my understanding regarding IFRS increased tremendously.
Jan 27, 12:30 PM ET
Jan 27, 03:00 PM ET
Jan 27, 03:30 PM ET
Jan 28, 10:30 AM ET
Jan 28, 12:30 PM ET
Jan 28, 01:30 PM ET
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.
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.
Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.
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.
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.
Select your plan, complete your payment, and access a world of knowledge.
| Subscription Inclusions | Silver | Gold |
|---|---|---|
13,000+ Hrs of CPE approved Content
Largest content library covering all aspects of professional development. |
 |
|
|
500+ Emerging Subject Areas
Wide range of subject areas tailored to meet diverse learning needs of all the department of the firm. |
|
|
|
50+ State- Specific Ethics Courses
Stay compliant with ethics requirements for every state. |
|
|
|
50+ State Compliance Packages
Pre-selected courses for quick compliance, saving time and effort. |
|
|
|
100+ Advanced Certification Programs
Expert-led programs to build advanced expertise and strengthen your career credentials. |
|
|
|
AICPA Eligibility Programs (CFF, ABV, PFS)
Pre-Packaged Eligibility Courses for AICPA designations such as PFS, ABV, and CFF, offering CPE credits upon completion. |
|
|
|
Compliance Tracker and Credit Vault
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
Instant reporting to IRS, CFP Board, and other governing bodies. |
|
|
| Mobile App Access (iOS and Android) | |
|
|
Access to Communities
Join communities tailored to your specific interests and areas of expertise. |
 |
|
|
Select Tenure |
