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IFRS update

Author: Financial Reporting Faculty

Published: 18 Jun 2020

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This webinar covers recent implementation experience of new international accounting standards and provides a round-up of revisions to standards that are applicable in 2020. It reminds reporters of the regulator’s current areas of focus and looks at developments in IFRS that are on the horizon. It also outlines the financial reporting implications of COVID-19 for IFRS reporters.

With many having recently completed reporting under IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers for the first time, find out about the common implementation challenges experienced during the 2018/19 reporting season, together with aspects to consider in the future.

As final preparations are put in place for implementing IFRS 16 Leases in 2019, learn lessons from those already applying the new standard and from the IFRS 9 and IFRS 15 experience, particularly in relation to disclosure requirements.

Topics covered

  • Common lessons learned from 2018/19’s reporting season in respect of IFRS 9 and IFRS 15
  • Final preparations for IFRS 16 implementation
  • IFRS 17 – endorsement status and scope
  • Issues arising from Brexit as appropriate at the time eg, endorsement
  • Other minor amendments to standards

Broadcast on 18 June 2019

Webinar resources

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