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Accounting requirements under IFRS 18 and IAS 8
Venue Online - Microsoft Teams
Date Thursday 10th April 2025
Time 09:30 - 12:30
Information In the session we will look at the key differences between IAS 1 & IFRS 18 and on the basic requirements of IAS 8. The descriptive and prescriptive nature of those Standards will be examined in terms of the following:

IFRS 18

  • The purpose of IFRS 18 in terms of its innovative characteristics
  • What is within its scope
  • The improved structure of the statement of profit or loss (income statement) focusing on the three defined categories for income and expenses namely operating investing and financing and the new defined subtotals required the Standard
  • The enhanced transparency of management-defined performance measures
  • The new requirements entailing information to be provided on an aggregation or disaggregation basis in the primary financial statements and the notes

    IAS 8

  • The purpose and scope of IAS 8
  • Accounting Polices and changes in accounting policies
  • What are not changes in accounting policies
  • Transitional provisions
  • The definition of Accounting Estimates
  • The relationship between Accounting Policies and Accounting Estimates
  • Prior period errors

    The MQA Approval is under Process
  • Presenter
    CPD Units 3 units on full attendance
    Seats Left 12
    Price Rs 5000
    Booking Deadline Thursday 10th April 2025
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