Current issues in financial reporting


For many years the IASB and FASB have been working on joint projects which has resulted in the issue of new standards in respect of revenue recognition, financial instruments and leases.  This course provides an overview of those new standards. The IASB has also been working on its own standards recently issuing a standard on insurance accounting – again an overview of the standard is provided on the course.  The period of joint collaboration with the FASB has now ended and the two boards are now working on the own projects.  This course provides an insight into the projects currently being worked on by the IASB.

Learning outcomes:

By the end of this course, participants will obtain a greater understanding of:

  • Convergence with US GAAP
  • IFRS 9 Financial Instruments 2018
  • IFRS 15 Revenue from contracts with customers 2018
  • IFRS 16 Leases 2019
  • IFRS 17 Insurance accounting 2021
  • Current projects of the IASB

Authored by: Lincoln Miles

Lincoln Miles is a financial reporting consultant and trainer specialising in IFRS, US GAAP and UK GAAP. He has worked as an auditor for PwC, has been a presenter and technical author for BPP and provides bespoke consultancy and training to companies throughout Europe.

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date

Price (excludes VAT): £35.00