Exclusive Analysis of Financial Statements as per IFRS

Learning Objectives

• IFRS financial statement analysis is a great tool for your job toolbox.
• Add the flexibility of being able to analyse both IFRS and GAAP financial statements.
• Learn a trick or two about how to quickly analyse and assess cash flow.
• Understand and predict company behaviour when it comes to cash.
• Acquire time-saving tips that let you make better and smarter decisions
• Practice the analysis of complex financial statements in real-time
• Get insight from the real world examples
• Get your questions answered by a subject-matter expert
• Share your insights with fellow professionals and learn about their inputs 

Course Description

The adoption of IFRS will result in some significant changes when it comes to analyzing financial statements. For example, how do you compare the GAAP statements with the new IFRS statements, and how do the new asset valuation methods affect the asset values that are recorded on the balance sheet?

This CPE workshop shall walk you through the techniques that the expert presenter Michael Morley uses to analyze IFRS financial statements quickly and easily. The online CPE webinar will include practical examples that highlight the fundamental differences introduced by IFRS. As well, you will learn a unique approach to assessing a company’s cash flow and its subsequent ability to pay its bills and a return to its investors.

The webinar will cover the following key topics that you need to know for analyzing the financial statements as per IFRS

• GAAP vs. IFRS.
• The four key principles of IFRS.
• A new valuation model - is Historical Cost gone completely?
• How has revenue changed under IFRS - how crucial can it be?
• Follow the money - deciphering the Cash Flow Statement.
• Using financial statement notes to "decode" the numbers.
• Developing a consistent methodology.
• Practical examples.

In this online CPE webinar, the accounting expert Michael Morley shall outline a practical case. Then the house will be open for questions after you’ve worked on an analysis provided by the presenter. This will be an interactive session and will give you a hand-on practice of analyzing the complex financial statements.

Overview

• Getting the financial statements

  14 mins
• Basis for financial statements

  27 mins
• From rules to principles

  47 mins
• Publicly Accountable enterprises (PAEs)

  74 mins
• IFRS annual asset impairment test checklist

  99 mins
• When to reassess financial statements

  130 mins