IFRS Fair Value Measurement

  • Accountant
  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • CFIRS
  • CWS

Published: February, 2021

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • IFRS 101
    5 mins
  • Assets 101
    18 mins
  • Highest and best use
    27 mins
  • Exit price: if no sale?
    38 mins
  • Required disclosures when there's 'no market'
    49 mins
  • Market approach
    61 mins
  • Capitalization model
    69 mins
  • Disclosures
    81 mins
  • Specific disclosures for each class
    91 mins

Course Description

The International Accounting Standards Board (IASB) and the U.S. Financial Accounting standards Board (FASB) have both made some significant additional changes to IFRS and US GAAP for measuring fair value and required related disclosures.

You need to understand the implications of these changes now because their expected impact must be disclosed in the current financial statements. And not only will you have to make significant changes, in addition, you will have to disclose in the Notes how you arrived at your decisions. This webinar will provide you with easy-to-follow guidelines that will ensure that you can comply with this standard by examining the many factors that companies need to carefully consider when implementing International Financial Reporting Standards for Fair Value Measurement. The webinar will cover detailed examples of measuring the fair value of individual assets, especially as prepared by a valuation specialist.

MAJOR TOPICS COVERED :

  • How IFRS 13 simplifies Fair Value measurement
  • What parts of FASB’s Topic 820 (formerly SFAS 157) are aligned with IFRS 13
  • How to apply this simpler, more precise definition of Fair Value
  • Commonly used valuation techniques: 1. Market approach  2. Income approach
  • Adjusted net asset approach
  • Common oversights to avoid in applying these techniques to Fair Value measurement
  • Examples of how IFRS 13 affects financial instruments, intangibles, non-financial assets, and liabilities

The webinar will help to develop and understand the process and requirements of accounting for Fair Value Measurement under IFRS. This will be a unique value webinar for the CPAs, EAs, and Tax professionals. 

Learning Objectives

  • To discover how IFRS 13 simplifies Fair value Measurement
  • To identify what parts of FASB’s Topic 820 (formerly SFAS 157) are aligned with IFRS 13
  • To explore commonly used valuation techniques
  • To recognize common oversights in applying these valuation techniques
  • To explore examples of how IFRS 13 affects financial instruments, intangibles, non-financial assets, and liabilities

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Accounts Director
  • Certified Valuation Analysts
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Senior Accountant
  • Staff of Accounting Firm
  • VP Accounts
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
  • 2 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
  • 2 CPE Credit of Accounting & Auditing for Certified Management Accountants (CMA)
  • 2 CPD Credit of Financial Reporting for Accredited in Business Valuation (ABV)
  • 2 CPE Credit of Financial accounting for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 2 CRE Credit for Certified Corporate FP&A Professional (FPAC)
  • 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 2 CE Credit for Certified Wealth Strategist (CWS)
  • 2 General Credit for Accountant/Bookeeper
  • 2 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
  • 2 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
  • 2 CPE Credit for Certified Government Financial Manager (CGFM)
  • 2 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
  • 2 PL Credit for Chartered Financial Analyst (CFA)
  • 2 CPE Credit for Internal Audit Practitioner (IAP)
  • 2 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
  • 2 PL Credit for Certificate In Investment Performance Measurement (CIPM)

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • Instructional Method :
    QAS Self Study
  • 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 through its website: www.NASBARegistry.org.

Presenter

About Presenter

Michel Morley

Founder, Mike Morley

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.

Faq

FAQs content

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  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.3

31 Ratings

Excellent

14

Very Good

13

Average

4

Poor

0

Terrible

0

RL

Rebecca Lee, CPA (US)

Dec 29th, 2021

None

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