This eight-day multi-instructor workshop provides a detailed review of all significant technical requirements related to IFRS Accounting and IFRS Sustainability Disclosure Standards. The hands-on case studies will equip participants with practical skills to effectively navigate financial and sustainability reporting. The participants will also learn about influencing, communication and leadership techniques to enable them to implement business decisions for the business and drive the ESG strategy forward.

The program focuses on current requirements but also updates participants on planned changes to IFRS Accounting and IFRS Sustainability Disclosure Standards.  

This course answers questions such as: 

• What are the requirements for presenting IFRS financial statements and drafting related disclosures? 

• How can the recognition and measurement requirements be applied in practice? 

• How can we plan for and implement upcoming changes in IFRS Accounting Standards? 

• How can we apply the requirements of the IFRS Sustainability Disclosure Standards? 

• How can we effectively drive ESG strategy in the company? 

This course is ideal for individuals at all levels within an organisation who need to acquire or refresh detailed knowledge of IFRSs. It is aimed at those responsible for making accounting judgments and preparing, reviewing or approving IFRS financial statements. The program does not focus on any single industry but deals with issues in a range of sectors. 

Presented by two or more experienced IFRS instructors, this program gives participants the benefit of decades of IFRS Accounting experience. Our specialist instructors explain the principles clearly and simply and provide real-world examples, including an overview of the requirements for first-time adoption of IFRSs and the practicalities of implementing IFRS. In addition, the course also covers the IFRS Sustainability Disclosure Standards, including influencing and leadership skills required to drive the ESG strategy within the company. The course includes practical talks and demonstrations to walk through real-life implementation cases.

Introduction to IFRSs 

• Standard-setting bodies and due process
• Conceptual framework
• Fair value measurement (IFRS 13)

Presentation and disclosure in financial statements 

• Presentation of financial statements (IAS 1)
• Statement of cash flows (IAS 7)
• Basis of preparation of financial statements (IAS 8)
• Discontinued operations (IFRS 5)
• Events after the reporting period (IAS 10)
• Operating segments (IFRS 8)
• Related party disclosures (IAS 24)
• Earnings per share (IAS 33)
• Interim financial reporting (IAS 34) 
  
  

Non-financial assets 

• Inventories (IAS 2)
• Property, plant and equipment (IAS 16)
• Borrowing costs (IAS 23)
• Intangible assets (IAS 38)
• Investment property (IAS 40)
• Impairment of assets (IAS 36)
• Non-current assets held for sale (IFRS 5) 

Liabilities 

• Leases (IFRS 16)
• Provisions, contingent liabilities and contingent assets (IAS 37)
• Employee benefits (IAS 19)
• Share-based payment (IFRS 2) 

Financial instruments 

• Presentation (IAS 32)
• Recognition and measurement (IFRS 9)
• Disclosures (IFRS 7) 

Income taxes 

• Income taxes (IAS 12, IFRIC 23) 
  
  

Revenue recognition 

• Revenue from contracts with customers (IFRS 15) 
  
  

Foreign currencies 

• The effects of changes in foreign exchange rates (IAS 21) 
  
  

Business combinations, consolidations, associates and joint arrangements 

• Business combinations (IFRS 3)
• Consolidated financial statements (IFRS 10)
• Separate financial statements (IAS 27)
• Investments in associates and joint ventures (IAS 28)
• Joint arrangements (IFRS 11)
• Disclosure of interests in other entities (IFRS 12) 
  
  

Review of specialised areas 

• Accounting for government grants and disclosure of government assistance (IAS 20) 
  
  

Review of new accounting standards (effective 2027) 

• Presentation and disclosure in financial statements (IFRS 18)
• Subsidiaries without public accountability: disclosures (IFRS 19)
   

Expected future developments 

• IASB work plan 
  
  

IFRS sustainability disclosure standards 

• Overview of the ISSB and IFRS Sustainability Disclosure Standards, including current work plan
• General requirements for disclosure of sustainability-related financial information (IFRS S1)
• Climate-related disclosures (IFRS S2)
• Implementation challenges and actions for smooth adoption of the Standards
• Interaction with other frameworks: ESRS, GRI 
  
  

Expectations of key regulators on reporting the impact of climate change in IFRS financial statements. 

Understand different personality preferences and use this understanding to communicate with more impact to colleagues

Understand more about leadership and the difference to management, and therefore be a more credible, effective finance leader in your entity

Know the key attributes, skills and behaviours that finance staff need to demonstrate to be seen to be adding value in their entity concerning financial, commercial and ESG issues

Be able to adapt your natural style to be more influential with senior staff in their entity

Be able to challenge finance and operational colleagues with more impact, and be a useful critical friend

Practical case studies, guest presentations and relevant technology demonstrations. 

• The workshop runs over two weeks (eight days in total, with the weekend free) 

• Group live instruction interactive workshops featuring case studies, group discussions and practical examples 

• In-depth exploration of the rationale and objectives behind IASB and ISSB standards 

• Clear, detailed explanations of IFRS accounting and sustainability disclosure requirements 

• Knowledge reinforcement through quizzes and interactive exercises 

• In line with VantagePoint’s sustainability commitment, course materials are provided in digital format. Printed handouts will be limited to in-class exercises only. 

This course provides 64 hours of CPE/CPD credits.

VantagePoint is currently in the process of registering with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.