Overview
Helping Stakeholders to understand the entity and take “Informed Economic Decisions”. Focused towards challenges to be faced by each stakeholders in IFRS conversion. Practical inputs on carrying out a conversion exercise
Coverage
- Overview/Roadmap and IFRS Framework
- Presentation of financial statements
- Revenue / Expenses recognition
- Non-current Assets Tangible (PPE)- Intangible Assets (Goodwill, Patents, Brand etc)
- Investment property Non-current assets held for sale and discontinued operations
- Impairment , Provisions and Contingencies
- Financial instruments
- Current / Non-current Liabilities, Leases and borrowing costs
- Strategic and Tactical asset allocation
- Consolidation - Subsidiaries, Associates & Joint Ventures
- The effect of change in Foreign exchange rates
- Income Taxes
- Employee benefits, Share based payment,
- Operating segments, Events after the balance sheet Date, change in accounting policies and errors
- Approach to IFRS conversion
Duration
- 25 hours
Methodology
- Mix of theory, applications & experience sharing
- Use of Illustrative Financial Statements, Industry Disclosure Requirements, etc.