Session 1 | Topic | Duration | ||
IFRS Part 1: IFRS update IASB work programme and major consultations in progress Recent amendments to IFRS standards Reminder of amendments becoming effective in 2022 |
120 mins | Blaise Colyvas | ||
Coffee Break | 20 mins | |||
IFRS Part 2: IFRIC update Reflection on 12 months of IFRIC Agenda Decisions, including: • Supply Chain Financing Arrangements—Reverse Factoring • Configuration or Customisation Costs in a Cloud Computing Arrangement • Hedging Variability in Cash Flows due to Real Interest Rates • Non-refundable Value Added Tax on Lease Payments • Costs Necessary to Sell Inventories • Preparation of Financial Statements when an Entity is No Longer a Going Concern • Accounting for Warrants that are Classified as Financial Liabilities on Initial Recognition |
70 mins | Blaise Colyvas | ||
Session 2 | Topic | Duration | ||
Leading with Influence: • Influencing tactics that yield commitment vs resistance • Power bases : Formal and informal • Power of choice architecture/ nudging |
90 mins | Sarah Mackenzie | ||
Coffee Break | 20 mins | |||
IFRS Part 3: Global geopolitical and socio-economic issues – Uncertainty and the impact on financial reporting The past severeral years have witnessed a variety of major geopolitical and socio-economic global events arising from Brexit, the Covid-19 pandemic and the Russia-Ukraine conflict, to name a few. In this session, we unpack how the uncertainty arising from such events may impact financial reporting and how we appy IFRS Standards in the preparation of financial statements. |
90 mins | Blaise Colyvas | ||
Closing | 10 mins |