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2022: IFRS update

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Financial reporting
Jan
1
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Dec
31
Sat
09:30
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PM
12:30GMT
Schedule Type Title: Weekdays
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Description
An interactive half-day virtual CPD course that provides an overview of new and revised standards applicable in 2022 and beyond and other recent developments relevant to IFRS adopters.
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  • Overview
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  • Virtual classroom
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IFRS update

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IFRSs are constantly changing and evolving making it hard to keep on top of all the very latest developments.

While there are relatively few changes coming into effect in 2022 when compared to previous years, there are still a number of important amendments to existing standards that need to be considered. There is also a new standard on insurance contracts – that will affect more than just insurers – that is effective in 2023 and which should be considered carefully sooner rather than later.

There are, of course, plenty of further changes in the pipeline. The IASB work plan is packed with projects and its recent agenda consultation will set the tone for the next five years of standard-setting.

But it isn’t just new and revised standards that you need to worry about as the ongoing impact of Brexit, COVID-19 and climate change are continuing to be felt by many businesses. In some ways, the biggest challenge facing companies is no longer applying new standards for the first time but figuring out how to apply existing standards to new circumstances.

This course will provide an update on all the latest developments and trends in the world of IFRS, illustrating them with practical examples where appropriate.

Learning outcomes:
Attendees will gain an understanding of:

  • New and revised IFRSs applicable in 2022 and beyond
  • The impact of Brexit, COVID-19 and climate change on the financial statements
  • The growth of climate-related disclosures
  • Key areas to focus on in 2021/22
  • The IASB’s workplan
  • The IASB’s agenda consultation

Who should attend?

Aimed at finance professionals reporting under IFRS, relevant across all sectors. This course is essential for all accountants to stay up to date with these important changes to the standards, even those not working in technical roles.

Course enquiries

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This course is for:

Capability Framework

What is a virtual classroom?

A virtual classroom provides the same great learning experience as other ICAEW training, except one difference, you can learn from your desk.

Being delivered online makes it so much easier to access in a busy working week and would definitively recommend this type of training. The breakout rooms work really well to allow you to get to know the other participants and share experiences.

Virtual classroom delegate

The focus is on the learner and creating an enriching classroom experience that connects participants globally. Using video, learners can converse and interact with the trainer and other learners in real-time. Whiteboards, break-out sessions, polls, screen-sharing, and interactive Q&A create an immersive learning experience.

I think the virtual training format using Zoom, and the survey features, and break out rooms, really works great. I had no problems engaging with the facilitator and felt he listened to what we said, and kept the pace of the content moving steadily.

Virtual classroom delegate

Secure your place now and keep your skills and knowledge up-to-date.

How do I attend a virtual classroom?

Once you've booked your session, you will receive an email with your booking confirmation. The steps you will need to follow to attend your virtual classroom will arrive in a separate email closer to the date of your course.

Clare Jones

Clare is an experienced accountancy trainer, specialising in IFRS, FRS 102, financial reporting and auditing. Clare has been delivering engaging high quality technical training to local and international audiences for over 15 years. Clare has delivered numerous courses around the world including Australia, Bermuda, Nigeria, Europe and the US. Her excellent communication and presentation skills maximise learning retention on courses.

Clare qualified with a top 10 accounting practice and she previously led the learning and development department for Baker Tilly International. Clare now specialises in delivering technical bespoke courses to a variety of clients and supports businesses embrace their talent through successful training of their people.

 

 

Rate Price
ICAEW/Faculty/Community Member £245 + VAT
Non-Member £345 + VAT

 

Our public course programme is deliberately structured to encourage delegates from different organisations to participate. However, if you have six or more delegates who require development in the same area, we are able to run a more cost-effective and much wider range of courses tailored specifically to your organisation.

Organisations will have the choice to run our in-house courses online or in-person. 

These are ideal for organisations seeking hassle-free, flexible and cost-effective training delivered to multiple delegates at your location of choice. Whether we use our existing materials or develop new content for your business, our expertise lies in translating your requirements into a pragmatic, interactive training programme highly relevant to your people and organisation.

To discuss in-house training for your business please email academy@icaew.com or contact us through our enquiry form

What our clients say

Course was tailored to show relevance towards the business. Facilitation was very knowledgeable and could provide many next world applications.Excellent level of detail, was relevant and there were good examples of application and better understanding.Facilitator was really engaging, course was relevant to MAG. This helped put a lot of things into context.

Manchester Airport Group delegate, 2021

 

 

 

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