IFRS Core Standards and Comparison with US Gaap and FRS 102

with Robert Kirk, Professor of Accounting, University of Ulster

This one day course will cover the ‘core’ international financial reporting standards and compare them with their US equivalents and with the local FRS 102 and will cover the following topics;

• IAS1     Presentation of financial statements
• IAS8    Accounting policies, changes in accounting estimates and errors
• IAS16   Property, plant and equipment
• IFRS16 Leases
• IAS36   Impairment of assets
• IAS2     Inventories
• IFRS15 Revenue from contracts with customers
• IAS37   Provisions, contingent liabilities and contingent assets
• IFRS3   Business combinations
• IAS28   Investments in associates and joint ventures
• IAS21   The effects of changes in foreign exchange rates
• IAS7     Cash flow statements
• IFRS5   Non-current assets held for sale and the presentation of discontinued operations