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Wednesday, June 23, 2027 Live Webcast

IFRS SMES vs IFRS (X4-7821151)

2:00 PM - 3:46 PM EDT
webcast

Vendor Platform

2 CPE Credits in AA

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.

DESIGNED FOR

Anyonne responsible for preparing or attesting upon financial statements

BENEFITS

  • Describe the importance of proper debt classification and disclosure
  • Explain how various common debt terms impact the classification of debt
  • Apply illustrative examples to appropriate disclosure of debt terms and circumstances

HIGHLIGHTS

  • Debt terms that impact classification of debt, such as due on demand and subjective acceleration clauses, and more!
  • Proper treatment of short-term obligations that are expected to refinance within the next 12 months
  • "Revolving" credit agreements, where short-term debt is automatically replaced with other short-term debt for a specified period of time
  • Differentiating between debt modifications and troubled debt restructuring
  • Debt covenant compliance special considerations, including the proper form of waiver of rights to call the debt for violation 

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Jennifer Louis

Jennifer F. Louis, CPA

President

Emergent Solutions Group

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PRICING

$89.00 - Member

$119.00 - Nonmember

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Note: Online pre-registration will close on June 23 at 1:30 PM.

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COURSE DEVELOPER

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