All topics are explained thoroughly, accompanied by illustrative, relevant examples (and journals where applicable).

IFRS Refresher Part 1: 

Topics covered:

• Property, Plant & Equipment (IAS 16), Goodwill and Intangible assets (IAS 38), Impairment of Assets (IAS 36)
  • Initial & subsequent recognition 
  • Revaluations 
  • Impairment testing
  • Research & development cost
  • Borrowing cost 
• Inventory (IAS 2)

IFRS Refresher Part 2:

Topics covered:

• Accounting policies, changes in Estimates and Errors (IAS 8)

  • Provisions, Accruals and contingent liabilities/assets (IAS 37)
  • Income Tax (IAS 12)
  • Investment Properties (IAS 40)
  • Share based payments (IFRS 2)
  • Goodwill & Business combinations (IFRS 3)
    • Refresher on acquisition accounting
    • Calculating Goodwill under IFRS (change in formula)
  • Foreign Exchange transactions (IAS 21)
  * PLEASE NOTE: IFRS 15 Revenue from Contracts with Customers and IFRS 16 Leases are covered in a separate session due to the nature and extent of these standards, ensuring delegates get a proper understanding of the key principles and impacts of each. Please see the IFRS Update page for more information on these sessions.

• A user-friendly, comprehensive material pack which can be used again after the course to refresh your memory or to assist with a technical issue
• Illustrative examples & case studies to ensure topics are fully grasped, including journal entries.
• Model Financial Statements & disclosure notes, including first time adoption requirements
• Additional handouts and resources with application guidance

• At the moment our public courses are all done online.
• Course duration: 3 hours for each of Part 1 and Part 2 
• CPD per session: 3 hours
• Time: 2pm - 5pm

Venues (not at the moment during Covid crisis)

• London: The following venues are being used, all well served by public transport -  
• The ICAEW, Chartered Accountants' Hall, 1 Moorgate Place, EC2R 6EA;
• DeVere Holborn Bars, 138-142 Holborn, EC1N 2NQ; or
• The Petersham Hotel, Nightingale Lane, Richmond, TW10 6UZ  
• Venue is confirmed nearer course date.  Feel free to contact us with enquiries.

The course is ideal for anyone in need of a thorough and up to date refresher of IFRS in a practical and relevant way. It may be that you have not dealt with the detail of IFRS for some time, or that you have been focusing on a few IFRS standards in your work place, necessitating a refresher and update in all of the key areas.

• Accountants in industry or practice - e.g. ACA, ACCA, CA(SA), CA(ANZ), CAI, ICAS, CIMA, FCA, etc.
• Financial managers, directors, controllers, CFOs
• Auditors
• Analysts, investors and other users of financial statements