· IAS 1 Presentation of Financial Statements · IAS 2 Inventories · IAS 7 Statement of Cash Flows · IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors · IAS 10 Events after the Reporting Period · IAS 11 Construction contracts · IAS 12 Income Taxes · IAS 16 Property, Plant and Equipment · IAS 17 Leases · IAS 18 Revenue · IAS 19 Employee Benefits · IAS 20 Government Grants and Government Assistance · IAS 21 The Effects of Changes in Foreign Exchange Rates · IAS 23 Borrowing Costs · IAS 24 Related Party Disclosures · IAS 27 Consolidated and Separate Financial Statements · IAS 28 Investments in Associates | · IAS 31 Interests in Joint Ventures · IAS 32 Financial Instruments: Presentation · IAS 36 Impairment of Assets · IAS 37 Provisions, Contingent Liabilities and Contingent Assets · IAS 38 Intangible Assets · IAS 39Financial Instruments: Recognition and Measurement (Overview) · IAS 40 Investment Properties · IFRS 1 First-time Adoption of International Financial Reporting Standards · IFRS 2 Share-based Payment Transactions (Overview) · IFRS 3 Business Combinations · IFRS 5 Non-Current Assets Held for Sale and Discontinued Operations · IFRS 7 Financial Instruments: Disclosures (Overview) · IFRS 8 Operating Segments (Overview) |
For each of the standards covered, the essential requirements of related Interpretations (SIC and IFRIC) will be highlighted. Standards and interpretations that have application to specific circumstances will not be addressed on this course. These include: · IAS 26 Accounting and Reporting by Retirement Benefit Plans · IAS 29 Financial Reporting in Hyperinflationary Economies · IAS 33 Earnings per Share · IAS 34 Interim Financial Reporting · IAS 41 Agriculture · IFRS 4 Insurance Contracts · IFRS 6 Exploration for and Evaluation of Mineral Resources · IFRIC 12 Service Concession Arrangements |
The course objectives will be met by a combination of lectured sessions covering the key points of the relevant standards, and the hands-on completion under the tutor’s guidance of the various mini-case studies. One major case study is worked under tutor guidance during the course; this lasts for some 3 hours. |