Accounting for Coronavirus: IFRS

by Wayne Bartlett

What are the financial reporting implications of the COVID crisis? This course outlines the issues in reporting on companies' financial performance during and after the pandemic and is essential reading for anyone involved in financial reporting.

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

This course will enable you to

  • Understand the financial reporting implications of the COVID-19 pandemic
  • Provide for appropriate adjustments and impairments for non-financial assets
  • Understand the implications for revenue recognition of contract fulfilment and payment difficulties
  • Set up appropriate provisions and contingencies and account for employee benefits and termination payments
  • Make appropriate provisions for the late or non-payment of debt and revaluation of financial assets
  • Understand the repercussions of other key issues including going concern, post balance sheet events and deferred tax assets

About the course

The COVID-19 pandemic has had a devastating global impact. Its profound public health, societal and economic repercussions are likely to be with us for some time to come. But what are the financial reporting implications of the crisis?

Looking in turn at non-financial assets, revenues and grants, provisions and employee benefits, financial instruments and other issues including the crucial concept of going concern, this course outlines the issues in reporting on companiesí performance during and after the pandemic.

Look inside

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Contents

  • Non-financial assets
    • The financial effects of COVID-19
    • The importance of non-financial assets
    • Tangible assets
    • Tangibles and COVID-19
    • Intangible assets
    • Intangibles and COVID-19
    • Investment property and COVID-19
    • Inventories
    • Inventories and COVID-19
    • Who should be worried?
  • Revenue
    • The impact on revenue
    • Revenue from contracts with customers
    • Revenue from contracts and COVID-19
    • Getting to know government grants
    • Government grants and assistance
    • Grants, assistance and COVID-19
  • Provisions and employee benefits
    • Provisions and contingencies
    • Provisions, contingent assets and contingent liabilities
    • Contingencies and COVID-19
    • Employee benefits
    • Accounting for employee benefits
    • Employee benefits and COVID-19
  • Financial instruments and other areas
    • The importance of financial instruments
    • Financial instruments
    • Financial instruments and COVID-19
    • Going concern
    • Other issues and COVID-19
    • Post balance sheet events

How it works

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 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ 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 teamís needs
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Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ 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 unitshourshours800+ 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 unitshourshours800+ 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 unitshourshours800+ 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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