IFRS Updates in 2025: AI’s Growing Influence in Financial Statements

Course Overview: This 3-day training program is designed to equip professionals with in-depth knowledge of the latest developments in IFRS Accounting Standards, issued by the International Accounting Standards Board (IASB). The course covers the new conceptual framework, recent standards, and exposure drafts, including IFRS 18, IFRS S1, and IFRS S2, as well as the practical implications of Artificial Intelligence (AI) in financial reporting.

Who Should Attend: This training is designed for CFOs, finance professionals, and audit and accounting departments, as well as individuals seeking to excel in financial statement preparation and analysis, including those looking to advance their careers in finance.

What You’ll Learn:

New Developments in IFRS Accounting Standards: Understand the latest changes and updates to IFRS, including IFRS 18, IFRS S1, and IFRS S2.

Practical Applications of AI in Financial Reporting: Learn how to apply AI in financial reporting and stay competitive.

Sustainability Reporting: Understand the new ISSB sustainability standards, including IFRS S1 and IFRS S2.

New IFRS Standards: Gain knowledge of new standards, including IFRS 9, IFRS 13, IFRS 15, IFRS 16, IFRS 17, and IFRS 19.

Practical Examples and Illustrations: Benefit from numerous practical examples and illustrations to enhance your understanding.

Changes to IFRS for SMEs: Understand the proposed changes to the IFRS for SME’s Accounting Standard.

Key Topic:

The course focuses on all the new developments in IFRS Accounting Standards, issued by the International Accounting Standards Board (IASB) whilst also refreshing the principles of the existing Accounting Standards.

Artificial Intelligence (AI) is here to stay. The course include examples of how AI can be applied in financial reporting.

Understanding the principles of the new conceptional framework will give candidates a better insight to future developments of IFRS Accounting Standards and of changes to IFRS Accounting Standards in the pipeline.

The course will also focus on the new IFRS 18 Presentation and Disclosure in Financial Statements (replacing IAS 1) and will also deal with the consequential changes to IAS 7 Statement of Cash Flows, IAS 8 Basis of Preparation and IAS 33 Earnings per Share. The new disclosures of Management-defined performance measures will also be discussed.

The practical implications of the new criteria for recognising a provision in terms of the new exposure draft on IAS 37 Provisions, Contingent liabilities and contingent assets will also be discussed.

The New International Sustainability Standards Board’s (ISSB) sustainability standards, IFRS S1 General Disclosure of Sustainability Risks and Opportunities and IFRS S2 Climate Change Disclosures will also be introduced.

The new revised Integrated Report will also be covered.

Other new IFRS Accounting Standards, IFRS 9 Financial Instruments, IFRS 13 Fair Value Measurement, FRS 15 Revenue, IFRS 16 Leases, IFRS 17 Insurance and IFRS 19 Subsidiaries without public accountability.

The new proposed changes to the IFRS for SME’s Accounting Standard will also be introduced.

Delegates will gain benefit from the numerous practical examples and illustrations. You can’t teach accounting without examples. The practical examples make this training event unique and distinguish it from the other IFRS courses.

Being educated by one of the most experienced IFRS-specialists in the world.

The reasons for attending the event for both organization and individuals:

Stay Ahead of IFRS Changes: Ensure compliance with the latest IFRS Accounting Standards, including new standards and exposure drafts.

Improve Financial Reporting: Enhance financial statement preparation and analysis with practical examples and illustrations.

Leverage AI in Financial Reporting: Understand the practical implications of Artificial Intelligence in financial reporting and stay competitive.

Enhance Professional Development: Gain in-depth knowledge of IFRS Accounting Standards and stay up-to-date with the latest developments.

Improve Career Prospects: Develop expertise in financial statement preparation and analysis, and enhance career prospects.

Network with Professionals: Connect with other finance professionals, including CFOs, finance professionals, and audit and account departments.

To know more about the training, registration, group discount, in-house contact us:

Email:

info@capricorn-event.com

jayanth@capricorn-event.com

sara@capricornevent.com

sara@capriconr-events.com

capricornevent1990@gmail.com