IFRS training

We offer a range of training solutions to support UK businesses converting to IFRS, updates on changing standards and training for analysts using IFRS financial statements. We focus on your issues in a lively and interactive format and cut through the jargon that places barriers in the way of understanding.

Our training is offered as in-house programmes tailored to your specific needs.

executive briefing (2-3 hours)

A facilitated workshop for the board and senior management, drawing upon the preliminary impact assessment work performed by your IFRS implementation team and our experiences of other conversion projects. This workshop will help to secure stakeholder buy-in, raise board level issues and ensure stakeholders can comment knowledgeably on the conversion programme to internal and external parties.

Typically our role includes facilitation and presentation of core subject matter supported by one of your IFRS implementation team to provide details of your specific conversion issues.

corporate conversion workshop (1-3 days)

An in depth workshop for the corporate conversion team to introduce them to all the pertinent IFRS requirements, identify where choices are required, where advantage can be taken and highlight possible traps for the unwary. This workshop will help to prepare your team for the detailed implementation work ahead.

Typically our role includes helping to identify the standards that need covering, presenting the core subject matter and facilitating your discussions of how you want to proceed with specific topics. It draws extensively on case studies from companies who have already converted, looking at the technical reporting issues, the practical impacts on your business and the decisions you need to take.

finance team awareness (1/2 - 1 day)

An IFRS awareness event for the whole finance team, to bring them up to speed with the project team work, allow the project team to communicate changes in data collection or reporting and provide CPD opportunities for the team.

Normally we work with you to identify the subject matter and run the event with assistance from members of the project team on specific in house issues .

IFRS update (1/2 - 1 day)

An update on recent and forthcoming changes to IFRS for the finance team and analysts. Content is largely driven by recent developments. Why not combine an IFRS update as part of an annual team away-day? We specialise in combining technical training with personal skills development.

IFRS for analysts and customer relationship managers (1-2 days)

This course looks at the critical differences between UK GAAP and IFRS for financial analysts and customer relationship managers, focusing on the impact the standards have on key earnings and balance sheet ratios and disclosures. The course makes extensive use of case studies from a variety of industries of companies that have published detailed UK GAAP to IFRS reconciliations.

Where relevant, the course can be tailored to allow a facilitated discussion on the opportunities and threats that IFRS conversion may have on your product portfolio.

IFRS resources

Check your financial statement's compliance with IFRS using FinHarmony-DiagŪ, "the only on-line diagnostic tool to be reviewed and approved by the staff of the IASCF". FinHarmony-DiagŪ is an interactive check-list designed for an extensive, quick and sure review of your financial statements compliance with IFRS disclosures. Produced by our associates, FinHarmony.

For links to other IFRS informational resources, go to our main resources page