ΠΕΡΙΓΡΑΦΗ

International Financial Reporting Standards are the principles/standards used globally by accountants and auditors to prepare and audit the financial statements of both private and public companies. In the context of Continuous Professional Development, accountants and auditors are required to have deep knowledge and understanding of these standards in order to respond to the current professional environment and demands. Both IFRS 15 and IFRS 16 affect the majority of companies’ financial statements.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

The aim of this course is to provide an overview of the main principles and technical issues needed for the purposes of the appropriate application of both IFRSs.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The seminar is primarily addressed to Chief Financial Officers, Financial Controllers, Chief Accountants, Accountants, Auditors in the profession or industry.

It is also relevant and appropriate to any individual having an active role in preparing, analyzing, and presenting financial statements.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Topics to be Covered

IFRS 9 Financial Instruments - Recognition and initial measurement

• Overview of the classification in different categories for financial assets and financial liabilities
• Apply the principles of the initial measurement of financial assets and liabilities

IFRS 9 Financial Instruments - Subsequent measurement

• Overview of the accounting treatment for the subsequent measurement of the different categories of financial assets and liabilities 

IFRS 9 Financial instruments - Impairment

• Scope, approach and 3 stages of impairment model

IFRS 13 Fair Value Measurement

• Fair Value – 3 Level hierarchy

INSTRUCTOR: Antonis Loyides, (ACA, FCA)