myCPE
myCPE

Latest IFRS Updates and Application in Financial Reporting 1 Credit

Dec 17, 2024, 11:00 AM ET

Latest IFRS Updates and Application in Financial Reporting 1 Credit

  • Rating

    4.4
  • Reviewed on

    January, 2024
  • Subject Area

    Accounting

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Dec 17, 2024, 11:00 AM ET

Learning Objective

  • To understand the key changes and updates to IFRS standards and their impact on financial reporting.
  • To understand the new IFRS requirements for disclosures, including changes in the format and presentation of financial statements.
  • To understand the key challenges and considerations for implementing the new IFRS standards and their potential impact on financial reporting quality.

Course Overview

Are you ready to stay ahead of the curve when it comes to IFRS reporting?

This Accounting CPE webinar is designed to provide you with the latest updates and changes to International Financial Reporting Standards (IFRS) that have become effective between 2021 and 2023.

This course provides an in-depth analysis of the new standards and amendments to the existing standards under IFRS and their implications for financial reporting and disclosures. The course is designed to equip practitioners with the knowledge and skills necessary to understand and apply the new standards in their Financial Reporting.

The CPE webinar will cover topics such as:

a.) IFRS 16 Leases: This standard introduces a new accounting model for leases, requiring lessees to recognize all leases on their balance sheet as right-of-use assets and lease liabilities.

b.) IFRS 17 Insurance Contracts: This standard introduces new rules for accounting for insurance contracts, including requirements for measurement, presentation, and disclosure.

c.) Other IFRS updates: The course will also cover other important updates to IFRS, including new rules for accounting for business combinations, and revisions to the IASB Conceptual Framework.

CLICK HERE for more IFRS Webinars.

Explore CPA CPE Courses with MY-CPE. Our online offerings make it easy for you to fulfill your CPA CPE requirements. With a broad selection of topics taught by experienced professionals, you can enjoy flexible scheduling and self-paced learning. Say goodbye to traditional methods and begin your path to professional growth with us today!

Podcast Credits

Short Video Credits

On Demand Credits

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Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

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.

About Instructor

Demi Abidogun
Demi Abidogun

Founder, Zodem Consulting

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Demi has over 10 yrs experience in Audit & Assurance, Audit Transformation, and Change management. She is the founder of Zodem Consulting; a financial consulting firm that provides bookkeeping, accounting, business planning, financial education & fractional CFO Services to SMEs.


Prior to this, Demi worked with Deloitte UK & led audit teams for a varied portfolio of clients across multiple industries. She later moved to Romania to set up a new center of excellence where she led the delivery of offshore audits and took on the responsibilities of the learning lead for multiple European firms.


She moved to Canada in 2019 and continued her journey in Audit transformation & Change management for the global firm; leading the deployment & adoption of new audit software, managing stakeholders, facilitating training & performing independent audit reviews.


Demi is passionate about learning & development. This has been demonstrated by her enthusiasm for learning delivery for both technical and nontechnical accounting subjects. 


Demi enjoys spending time with her partner and their ‘wonder toddler’, traveling & helping new immigrants settle in the community.

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

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1,824 ratings

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Owen Mccafferty
Owen Mccafferty, CPA (US)

I really appreciate the speaker's knowledge of IFRS. I admit that as a practicing CPA in the USA, we have not had the hands on experience of the international financial reporting requirements. Thank you for broadening my knowledge base.

MS

Michael Sowa, CPA (US)

The course was fast paced with updates. The presenter Demi did an excellent job keeping the material interesting. The handout materials are good guides to use in the future.

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

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    Certifications & Reporting

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    Mobile App Access

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