BOOT CAMP AGENDA
IFRS Boot Camp: Four-Day Certification Program
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DAY 1
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Opening Remarks & Introduction to IFRS
Framework & Financial Statements
- Conceptual Framework
- IAS 1, Presentation of Financial Statements
- IAS 7, Statement of Cash Flows
- IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors
- IAS 10, Events After the Reporting Period
- IAS 24, Related Party Disclosures
- IAS 33, Earnings Per Share
- IAS 34, Interim Financial Reporting
- IFRS 5, Non-Current Assets Held for Sale and Discontinued Operations
- IFRS 8, Operating Segments
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DAY 2
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Business Combinations
- IFRS 3, Business Combinations
- IAS 36, Impairment of Assets
- IAS 38, Intangible Assets
Consolidations, Associates & Joint Ventures
- IAS 27, Consolidated and Separate Financial Statements
- IAS 28, Investments in Associates
- IAS 31, Interests in Joint Ventures
- SIC 12, Consolidation of Special Purpose Entities
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DAY 3
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Liabilities-Related Topics
- IAS 17, Leases
- IAS 19, Employee Benefits
- IAS 37, Provisions, Contingent Liabilities and Contingent Assets
- IFRS 2, Share-Based Payment
Income Taxes
Revenue Recognition
Foreign Currency
- IAS 21, The Effects of Changes in Foreign Exchange Rates
- IAS 29, Financial Reporting in Hyperinflationary Economies
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DAY 4
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Specialized Industry
- IAS 2, Inventories
- IAS 11, Construction Contracts
- IAS 16, Property, Plant and Equipment
- IAS 20, Accounting for Government Grants and Disclosure of Government Assistance
- IAS 23, Borrowing Costs
- IAS 26, Accounting and Reporting by Retirement Benefit Plans
- IAS 40, Investment Property
- IAS 41, Agriculture
- IFRS 4, Insurance Contracts
- IFRS 6, Exploration for and Evaluation of Mineral Resources
Transitioning to IFRS
- IFRS 1: First-Time Adoption of IFRS
- Understanding the Broader Implications of an IFRS Conversion
Expected Future Developments for IFRS
Comparison of IFRS & US GAAP
Closing Remarks
IFRS Boot Camp: Day Five on Financial Instruments
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DAY 5 (Optional)
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This day will feature two separate Learning Tracks, one for participants with limited knowledge
of derivatives accounting and FAS 133 and one for participants who are well versed in both.
Financial Instruments
- IAS 32, Financial Instruments: Presentation
- IAS 39, Financial Instruments: Recognition and Measurement
- IFRS 7, Financial Instruments: Disclosures
- Documentation Approaches
- Fair Value and Cash Flow Hedges
- Embedded Derivatives
- Effectiveness Testing Approaches
- Fair Value Option
- Key Accounting Differences Between IAS 39 and FAS 133
Note: Agenda may change to make way for new developments
