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
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.
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
myCPE self-study courses are online.
The self-study format allows you to access the material online 24/7 and study at your own pace.
As per NASBA guidelines, you have one year from date of registration to complete each program.
Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
These are Live recorded presentations converted into Self Study (On-Demand Videos).
Refund/Cancellation Policy
For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
Please email to help@my-cpe.com in case of any self study program queries.
