IFRS 1 - First time adoption of IFRS
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The following presentation looks at IFRS 1, First-Time Adoption of International Financial Reporting Standards. This unique standard is generally required once in an entity's life, when it makes the transition from some national accounting system to IFRS.
What you will learn
- What first time adoption of IFRS means
- National Requirements
- Compliance with the different parts of IFRS
- Internal use IFRS
Who should attend
This course will benefit anyone in a financial reporting role who needs to get up to speed on how IFRS 1 and the transition from a national accounting system to IFRS will affect their business.
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- Opening statement of financial position
- Recognition and measurement
Tel: 0330 060 3303