IFRS: Key Accounting Policies and Other Reporting Considerations

by Wayne Bartlett

This course provides a holistic approach to developing accounting policies that are coherent and faithful. It draws in diverse elements of the IFRS framework to present a full image of well written financial statements.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Review and develop holistic and coherent accounting policies
  • Get to grips with all the key standards on accounting policies: IAS 8, IAS 21, IAS 10 and IAS 24
  • Know how to handle events after the reporting period
  • Understand how accounting foreign exchange might potentially impact on both the statement of financial position and the statement of comprehensive performance
  • Prepare financial statements on a going concern basis
  • Familiarise yourself with IFRS 13 and its influence on other standards

About the course

This course provides a holistic approach to developing accounting policies that are coherent and faithful. It draws in diverse elements of the IFRS framework to present a full image of well written financial statements.

Now with a new module on IFRS 13: Fair Value Measurement, as well as video interviews with the authors and additional case studies, the course begins by looking in detail at the main source of guidance on accounting policies – IAS 8. It then takes you through other key issues in reporting including how to deal with foreign exchange transactions, how to handle events after the reporting date , related party transactions and measuring fair value.

Look inside

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Contents

  • Changes in policies
    • IAS 8 explained
    • Objective, scope and key definitions
    • Selecting accounting policies
    • Changing accounting policies
    • Changes in accounting estimates
    • Errors
    • Sources of confusion in IAS 8
  • Foreign exchange
    • IAS 21 explained
    • Objective, scope and key definitions
    • Functional currency in foreign operations
    • Accounting for functional currency
    • Exchange differences
    • Translating to the presentation currency
  • Events after the reporting date
    • IAS 10 explained
    • Objective, scope and key definitions
    • Spotting events after the reporting date
    • Adjusting events
    • Non-adjusting events
    • No longer a going concern
    • Disclosures
  • Related parties
    • IAS 24 explained
    • Objective, scope and purpose
    • Related parties
    • Related party transactions
    • Disclosures
    • Related party transactions in practice
  • Fair value
    • Objective, scope and key definitions
    • Defining fair value
    • Measuring fair value
    • The hierarchy
    • Disclosures concerning fair value
  • Other types of reporting
    • Other types of reporting explained
    • IFRS 8: Objective, scope and key definitions
    • IFRS 8: Disclosures
    • IAS 34: Objective, scope and key definitions
    • IAS 34: Condensed financial statements
    • IAS 34: Disclosures
    • IAS 33: Objectives and scope
    • IAS 33: Basic measurements, calculations and disclosures

Author

Wayne Bartlett

Specialising in public sector financial management and budgeting, Wayne has worked as a consultant and lecturer throughout the world.

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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours1,000+ unitshourshours1,000+ unitshourshours
Access period120 days120 days12 months12+ months
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Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
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Recommended

Why not upgrade?

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Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours1,000+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours1,000+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.

Access to this course
Total CPD unitshourshours1,000+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours1,000+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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