This course updates the participants knowledge of changes to IFRS and non-authoritative guidance that has been issued by the IFRS Interpretations Committee and the IFRS Discussion Group during the year. Minimal changes to IFRS are expected in the current year. Awareness of these changes and knowledge of topics discussed with respect to the application of IFRS are essential to those applying IFRS. Examples, as included in the discussions, will be used to demonstrate the topics. Notices issued by the regulators will be referenced.
Topics Include:
• New and revised standards issued during the year – focus will be on maintenance projects as no significant changes to the standards are anticipated
• Commentary on standards
o IFRS Interpretations Committee Agenda Decisions
o IFRS Discussion Group notes
o Regulator communications
o Other relevant publications
• Projects in process
Learning Objectives
By the end of this course, participants should be able to:
• Explain changes to IFRS during year and consider the impact on their organization
• Identify projects in process at the IASB
• Identify topics discussed by the IFRS Interpretations Committee and the IFRS Discussion Group with explanations of selected topics and consider impact on their organization
• Identify publications issued by the regulators during the year
What to Expect
• An email will be sent from CPA Manitoba to the participant within two business days of registration. The email will include information on how to access the course along with the necessary login credentials.
• Once sent, the email will also be found in your Account Communication tab of the CPA Manitoba Member Portal.
• This course is designed for participants to view while following along with the course material provided.
• This self-study course allows the user to save their progress and return to continue later.
Registration is for this course is open until August 31.2023 and should be completed by September 30, 2023, after this time, access to the course will no longer be available.
To receive a certificate, participants must complete a quiz at the end of the course. Unlimited quiz attempts are available until the passing grade of 70% or better is achieved. After this you will no longer have access to the quiz.