Tuesday, September 12th, 2023
Shasat Introduces the 2023 Edition of the IFRS Update Program
In the dynamic landscape of financial reporting, staying informed and updated with the latest developments is essential for financial professionals worldwide. The International Financial Reporting Standards (IFRS) continue to evolve, with over 140 countries adopting these globally recognized accounting standards. To thrive in this ever-changing environment, professionals must invest in their knowledge and expertise.
Shasat has launched its 2023 edition of the IFRS Update Programs in selected cities. These IFRS Update Programs serve as a gateway to staying ahead of the curve. Designed to provide comprehensive insights and practical training, the program equips financial experts with the latest updates in the International Financial Reporting Standards (IFRS)
Central to this program is an in-depth exploration of the latest accounting standards. The program delves into the intricacies of newly issued standards, closely examines comments and concerns raised by the Financial Reporting Council (FRC), and dissects discussion papers and exposure drafts issued by the International Accounting Standards Board (IASB). The goal is to ensure participants are fully up to date with the ever-evolving IFRS landscape. Shasat recognizes that staying informed is not limited to just new standards. The program extends its coverage to include IFRIC updates and their impact on current accounting practices. Additionally, it sheds light on annual improvement projects and changes that could potentially influence upcoming annual reports.
Beyond the realm of accounting standards, the program’s instructors will discuss key topics under consideration at the IASB, providing insights into the ongoing research initiatives by the IASB and their current status. This comprehensive approach ensures participants receive an all-encompassing education on IFRS.
In today’s interconnected world, industry bodies significantly influence financial reporting practices. The program addresses concerns voiced by these prominent entities, offering invaluable perspectives on how these matters might affect future annual reports.
Grasping the IASB’s project timeline is crucial for anticipating changes in the near future. The program offers clarity on what to expect in the ensuing 12 months, preparing participants for any potential shifts in the financial reporting landscape.
Details on the upcoming programs are as follows:
IFRS Update Training Program | GID 210000 | Online (Live Webinar): Available on request, four 90-minute sessions