IFRSs Update and Application Briefing | Globaltraining

IFRSs Update and Application Briefing

2 hours
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The aim of the seminar is to present and explain to participants IFRS Update and Application Briefing is designed for experienced preparers and users of IFRS financial statements. It has two aims:

  • To explain clearly the requirements of significant new and amended Standards and Interpretations effective for 2019 and
  • To share recent practical experience of implementing IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers and IFRS 16 Leases

The seminar will also cover all other published amendments to IFRSs and current outstanding Exposure Drafts.


The objective of this seminar is to practically explain to professionals the changes/amendments in IFRSs that are currently applicable to the preparation of financial statements of various company’s and interpret their significance. Additionally, during the seminar illustrative FS will be used in order for the practically demonstrate the effect of the application of the amended standards.

Participant’s Profile:

Accountants and auditors employed in accountancy and audit firms who are involved in the preparation and review of audit engagements of various size and complexity.


To register for this seminar, please click here.

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Bundle prices available.  Contact us for further information.

Section 1:

  • IFRS 15: A practical application of the revised measurement and recognition of ECLs.  Description of revised disclosures in the FS and the restatemetns of opening balances

Section 2:

  • IFRS 16: Leases – Identifying a lease, understanding the classification of leases.
  • Accounting and measurement for leases for both the lessors and the lessee.
  • IFRS 09: Financial instruments, a briefing on the calculation on ECLs and their disclosure in the FS.