IFRS SMES vs IFRS
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
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).
Leader(s):
Leader Bios
Jennifer Louis, Emergent Solutions Group LLC
Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and "soft skills" topics needed for professional and organizational success.
In 2003 she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. She currently resides in Charlotte, NC.
Non-Member Price $109.00
Member Price $79.00