Emergence and conceptual framework of the IFRS
- Context of adoption of the IFRS.
- The regulatory framework: IASB, CEE, France, convergence.
- Definition and content of the conceptual framework.
- Impact of the change on European companies.
Hands-on work
Hands-on work Knowledge quiz.
Framework for presentation of the financial statements
- Accounting principles, accounting rules, valuation rules.
- The balance sheet.
- The profit and loss account.
- Cash flow statements and changes in equity.
- Notes, events after the reporting period.
Hands-on work
Hands-on work Case study and analysis of a balance sheet in accordance with IFRS. Restate a French balance sheet with IFRS standards.
Assets
- Tangible/intangible fixed assets, depreciation, cost of borrowing, leasing.
- Stocks, fungible items, incorporation of cost, sub-activity.
- Receivables and other assets.
Hands-on work
Hands-on work Exercise on the accounting treatment of tangible fixed assets (IAS 16) Quiz
Liabilities
- Equity and treasury securities.
- Provisions (IAS 37)
- Events after the reporting period (IAS 10)
- Social obligations (IAS 19 revised)
- Tax on profit.
Hands-on work
Hands-on work Exercise in relation to the treatment of social obligations (IAS 19 revised)
Revenue recognition
- Income from ordinary activities.
- Construction operation (IAS 11)
- Interpretations in relation to revenue recognition.
Hands-on work
Hands-on work Practical exercises in relation to a construction operation.
IFRS and financial information
- Consolidation, reminder of the rules. Scope, the three methods.
- Summary of the main adjustments: leasing contracts, amortization and provisions.
- Summary of the main adjustments: dividends, asset disposals, profits on inventories.
- Evaluation method. Deferred taxation.
- The purpose of IFRS. Earnings per share (IAS 33). Operating segments reporting (IFRS8). Performance reporting.
Hands-on work
Hands-on work Consolidation in IFRS with the 3 methods.
2d
- 14h00 
