Announcements

IFRS New Standards Courses



IFRS 15: Revenue Recognition Overview
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IFRS 16: New Lease Accounting Overview


IFRS 9: Financial Instruments Overview


The International Accounting Standards Board (IASB) has issued new standards on revenue recognition, lease accounting and financial instruments. In some cases these standards are very different from their U.S. FASB counterparts, but like the new U.S. standards will have broad and deep impact on your financial reporting and other business practices. To help you prepare for each new International Financial Reporting Standard (IFRS) topic, we’ve developed new, half-day courses that can be taken alone or combined into a full-day session on two of these three important topics.

Date/Location:

Chicago sessions:
  • 8/28/17 IFRS 16, 8:30 – 12:30 pm
  • 8/28/17 IFRS 15, 1:30 – 5:30 pm

NY sessions:
  • 9/22/17 IFRS 16, 8:30 – 12:30 pm
  • 9/22/17 IFRS 15, 1:30 – 5:30 pm
  • 9/22/17 IFRS 9, 1:30 – 5:30 pm

CPE Credit: 4 per course
Tuition:

  • One course (half-day): $845
  • Two courses (full-day): $1,390*

*using coupon code COMBO300 at checkout

Overview Descriptions


IFRS 15: Revenue Recognition Overview +

Revenue recognition may be the most important topic in financial reporting. Are you up to speed?

The 2018 effective date for IFRS 15 is approaching fast. This course delivers timely insights for financial statement preparers about developing an effective transition and policies for recognizing revenue in accordance with IFRS 15.

Enroll today to get clear but comprehensive answers to critical IFRS 15 questions, including: "How do we recognize revenue under IFRS 15?”“What are the differences between IFRS 15 and U.S. GAAP when it comes to revenue recognition?" And "How do we provide stakeholders with more informative and relevant disclosures?"

Course Objectives:
At the completion of this course, Participants should be able to:

  • Recognize Revenue in accordance with IFRS 15
  • Identify the main differences between IFRS 15 and U.S. GAAP revenue recognition requirements
  • Describe disclosures required under IFRS 15

IFRS 16: New Lease Accounting Overview+

Get smart about IFRS 16, the new standard that will fundamentally change the accounting for leases.

The new lease accounting standard will become effective in 2019, but companies need to understand and prepare for the impact now. This course will provide an overview of IFRS 16, focusing on major areas of concern and priority for accounting professionals.

Attendees will learn critical and actionable information, such as how the standard replaces existing guidance, the standard’s likely impact on financial ratios, and the differences between U.S. GAAP and IFRS in regards to accounting for leases.

Course Objectives:
At the completion of this course, Participants should be able to:

  • Describe the New Lease Accounting requirements under IFRS and how they differ from existing guidance
  • Determine the implications the new lease standard will have on the balance sheet as well as certain financial ratios
  • Recognize key differences between IFRS 16 and U.S. GAAP Lease Accounting requirements

IFRS 9: Financial Instruments Overview+

IFRS 9 will have significant impact on businesses of all kinds. This course will help you manage the transition.

Enroll today for critical insights on the business and financial implications of IFRS 9. Learn how the new financial asset classification model intersects with your business model. Uncover solutions to the challenges of transitioning from an incurred loss to an expected credit loss impairment model. And understand how the comprehensive revision to the hedge accounting model will affect your operations. In addition, the course will provide clarification in regards to key differences between IFRS 9 and U.S. GAAP.

Course Objectives:
At the completion of this course, Participants should be able to:

  • Describe the new financial asset classification model
  • Identify the challenges of changing from an incurred loss to an expected credit loss impairment model
  • Determine the main areas of impact that the comprehensive revision to the hedge accounting model will have on their business
  • Recognize key differences between IFRS 9 and U.S. GAAP


Venue and Hotel Details

Program Details

Prerequisite:   Knowledge of/experience with IFRS
Preparation:    None
Level of Knowledge:   Intermediate
Field of Study:   Accounting
Delivery Method:   Group Live, Instructor-Led Course

Course Leaders

Partners and Senior Managers from KPMG’s Department of Professional Practice

IFRS 15: Revenue Recognition Overview


IFRS 16: New Lease Accounting Overview


IFRS 9: Financial Instruments Overview



* Discounts cannot be combined and must be applied at time of initial registration.

** Tuition price includes daily breakfast, lunch, and morning and afternoon refreshments.