IFRS - Update 2025

Overview:

This course updates your knowledge of changes to IFRS and non-authoritative guidance during the year. It also provides updates of decisions issued by the IFRS Interpretations Committee and discussions held by the IFRS Discussion Group during the year. Awareness of these changes and knowledge of topics discussed with respect to the application of IFRS are essential to those applying IFRS. Examples, as included in the discussions, will be used to demonstrate the topics. Developments in Sustainability Reporting will be summarized. Notices issued by the regulators will be referenced.

Course Content:

In this course, you will gain knowledge about the following topics:

• New and revised standards issued during the year, which include
  • Revisions resulting from various maintenance projects, including Annual Improvements, and Power Purchase Agreements
  • Review of projects in process 
• Standards and revisions approved in previous years, including new IFRS 18 and new IFRS 19
• Commentary on standards
  • IFRS Interpretations Committee Agenda Decisions
  • IFRS Discussion Group notes
  • Regulator communications
  • Other relevant publications
• Sustainability Reporting – recent developments

Learning Objectives:

By the end of this course, you will be able to:

• Describe changes to IFRS during the year and consider the impact on their organization
• Identify projects in process at the IASB
• Identify topics discussed by the IFRS Interpretations Committee and the IFRS Discussion Group with explanations of selected topics and consider the impact on their organization
• Identify publications issued by the regulators during the year 
• Identify recent developments in Sustainability Reporting

Who Will Benefit: 

All professionals who want to be informed of the recent developments in IFRS standards, including practitioners, preparers and readers of financial statements using IFRS.