IFRS SMES vs IFRS
2.00 Credits
Member Price $109
Non-Member Price $139
Overview
Both IFRS and IFRS for SMEs are self-contained standards designed to meet the needs of specific financial statement users. This course is designed to explain the differences between the two standards, including disclosure requirements and recognition and measurement principles.
Highlights
- Overview of IFRS for SMEs
- General pervasive similar concepts
- Differences with financial instruments
- Differences with business combinations
- Differences in investments in other entities
- Differences in intangible assets
- Differences in income taxes
- Differences in employee benefits
- Differences in revenue and expenses
Prerequisites
None
Designed For
Anyone responsible for preparing or reviewing financial statements under IFRS
Objectives
- Explore which entities may appropriately apply IFRS for SMEs
- Discover the primary differences of IFRS for SMEs compared to full IFRS
- Recognize important principles that are reinforced in both IFRS for SMEs and full IFRS
Preparation
None
Leader(s):
Leader Bios
Jennifer Louis, Business Learning Institute
Jennifer F. Louis, CPA, has more than 18 years of experience in designing and instructing high-quality training programs. In 2003 she formed Emergent Solutions Group, LLC, serving organizations by providing training services on a project-specific or parttime basis.
Most recently, Ms. Louis was executive vice president / director of trainingServices at AuditWatch, Inc., a premier training and consulting firm serving the audit profession. She began her career at AuditWatch as vice president of product development. Before joining AuditWatch, Ms. Louis was the financial/operational audit manager at AARP.
Ms. Louis also was an audit manager for Deloitte & Touche LLP. During her years at Deloitte & Touche’s Washington D.C. office, she was a frequent local and national instructor. She also served as an
instructor for the firm’s national “Train the Trainers” program.
Non-Member Price $139
Member Price $109