2024-25 Update: IFRS

This course will enable you to

• Get to grips with the new IFRS 18 and the key changes made compared to IAS 1
• Consider the main issues raised in the post-implementation review of IFRS 15
• Explore the changes proposed to IAS 32, IFRS 7 and IAS 1 in the Exposure Draft on financial instruments
• Examine the ISSB's progress with the new Sustainability Disclosure Standards
• Explain how the IFRS standards interact with other sustainability reporting frameworks

About the course

It's essential that you keep on top of changes and developments in IFRS. And at a time when there's a new IFRS Accounting Standard, it's more important than ever.

This course will make sure you are on top of everything you need to know about the IFRS reporting framework for 2024-25.

It starts by exploring IFRS 18, which will replace IAS 1 with an effective date of 1 January 2027. The course then dives into the details of the International Accounting Standards Board’s response to the issues raised by stakeholders in a post-implementation review of IFRS 15.

We also explore the recently published Exposure Draft 'Financial Instruments with Characteristics of Equity' and assess the IFRS Sustainability Standards Board’s progress with their Sustainability Disclosure Standards and how they interact with other sustainability reporting frameworks.