Many firms of accountants are asked to prepare and audit IFRS financial statements these days, but many have limited experience in this area. Our comprehensive session will bring you up to speed on all the important regulations and how they differ from UK GAAP. Topics covered will include:

• The framework for IFRS reporting
• Producing primary statements under IFRS
• Key differences and similarities compared to UK GAAP
• Important considerations when adopting IFRS for the first time
• Frequently required disclosure notes for SME businesses and where they go wrong
• Preparing accounts under FRS 101
• Key disclosure similarities and differences – IFRS v FRS 102