Description
Drafting financial statements under Full IFRS (International Financial Reporting Standards) involves a meticulous process aimed at providing transparent and accurate representations of a company’s financial performance and position.
The primary advantage of attending this webinar for accounting professionals lies in the opportunity to deepen their comprehension of the essential disclosure criteria outlined in full IFRS standards. By doing so, practitioners can elevate the clarity, precision, and comprehensiveness of financial statements. This acquired insight equips them to implement IFRS standards with greater efficacy, thereby guaranteeing that financial reporting aligns with international benchmarks and regulatory mandates. Consequently, this cultivates confidence among stakeholders and reinforces trust in the financial information provided.
What you will learn
Attending this webinar will equip you with the following skills:
Enhanced Understanding of IFRS Disclosures: Gain a comprehensive understanding of the crucial disclosure requirements under IFRS, focusing on how these disclosures contribute to transparent, accurate, and complete financial statements.
Insight into Financial Reporting in Uncertain Times: Learn how to navigate the complexities of financial reporting during uncertain times, including the application of professional judgment and the consideration of external factors such as economic, geopolitical, and health-related uncertainties.
Awareness of the Impact of Climate Change on Financial Reporting: Develop an awareness of how climate change and environmental sustainability issues affect financial reporting, and understand the importance of including relevant disclosures in financial statements.
Ability to Apply Professional Judgment and Understand Materiality: Attain a deeper understanding of the concepts of materiality and professional judgment, and how these principles guide the preparation and presentation of financial statements in compliance with IFRS standards.