IFRS PD Training Courses & Seminars for CPA, CGA, CMA and CA Professionals

There are 6 courses in the IFRS series. Staying current in IFRS training is important for the CPA in industry and public practice in Canada and abroad.

CPA, CGA, CMA, CA professionals earn 8 hours of PD per day of training and receive a PD attestation.

Calgary CPA CA Continuing Profesiona Education

Course 2004: The New Global Revenue Recognition Standard in U.S. GAAP and IFRS

  • The New Requirements Under IFRS and U.S. GAAP for Revenue Recognition
  • Transition Requirements and New Footnotes
  • Effective Date for Public and Private Companies
  • The New 5 Step Approach to Recognizing Revenue
  • Critical Impacts on the Balance Sheet and Income Statement
  • Walk Through Cases in Various Industries to See How Revenue Will be Measured in the New Standard
  • Particular Emphasis in Manufacturing (Pharma, Construction and Aerospace) and Services (Technology, Communications, Media and Retail)
  • 6 Revenue Updates Issued
  • Implementation Plan
U.S. GAAP IFRS Calgary CPE - Advantage Montreal Seminars Inc.

Course 2009: The New Global Lease Standard in U.S. GAAP and IFRS

The new Lease standard was a joint IASB-FASB international convergence project. This standard changes U.S. GAAP and IFRS to both have a new converged lease standard.

  • First Time Adoption Requirements
  • Allocating Considerations to Lease and Non-lease Components
  • Lease Term, Discount Rate
  • Subleases, Lease Modifications
  • Lessee & Lessor Financial Statement Impacts
  • Lessee Accounting for Operating and Finance Leases
  • Sale and Leaseback Accounting Transactions
  • Lessor Accounting for Operating and Finance Leases
  • Walk Through Cases on How Lessees & Lessors Will be Impacted
  • Impairment of Right of Use Assets
  • Effective Date, Transition Approach and Disclosures
Consolidated Financial Statements in U.S. GAAp and IFRS - Advantage Montreal Inc.

Course 2001: Consolidated Financial Statements in U.S. GAAP, ASPE and IFRS

The FASB and IASB completed the convergence project on Consolidated Financial Statements. Therefore, U.S. GAAP and IFRS now use a converged standard. In addition, ASPE is also using the same standard. Topics include:

  • The New Consolidation Method Called the Acquisition Method Sale of a Subsidiary
  • Accounting fo Non-Controlling Interests
  • Goodwill Accounting
  • Goodwill Impairment Testing by Reporting Unit
  • Accounting for Contingent Considerations and in-Process R&D
  • Accounting for Transaction Costs in a Business Combination
  • Intangible Asset Accounting
  • The Use of Fair Value in consolidations and intangibles
  • Step Acquisitions
  • Sales of a Subsidiary
  • Numerous cases on all the above topics are solved throughout the day
IFRS Technical Update for CPAs - Advantage Montreal Seminars Inc.

Course 2060: IFRS Technical Update

  • Revised IAS 19: Defined Benefit Plans/Employee Benefits
  • IFRS 9 Financial Instruments (3 Phases: Classification, Measurement, Hedging)
  • IFRS 10 Consolidation of Special Purpose Entities
  • IFRS 11 Joint Arrangements
  • IFRS 12 New disclosure for Consolidation, Special Purpose Entities & Joint Arrangements
  • IFRS 13 Fair Value Measurement
  • IFRS 14 Regulatory Deferral Accounts
  • IFRS 15 New Revenue Standard
  • IFRS 16 New Lease Standard
  • XBRL Requirements in IFRS
Best Practices for canadian CPAs -Advantage Montreal Seminars Inc.

Course 2003: Fair Value For Accountants

Fair Value in recent years has been both the basis for many new accounting pronouncements in ASPE, IFRS and U.S. GAAP, as well as the focus of regulators. Commonly used as the measurement basis for a wide range of assets and liabilities, the difficulty in estimating fair value ranges from straight-forward to extremely complex and full of judgment.

  • Fair value measurement
  • Typical Valuation Methodologies
  • Fair Value of Financial Assets
  • Fair Value Hierarchy
  • Using Net Asset Value As a Practical Expedient to Fair Value
  • Fair Value of Nonfinancial Assets
  • Fair Value of Liabilities
  • Financial Statement Presentation
IFRS 1st Time Adoption -Advantage Montreal Seminars Inc.

Course IFRS 1000: IFRS Background & 1st Time Adoption

  • Introduction to IFRS
  • IFRS First Time Adoption
  • IFRS Financial Statement Presentation
  • IFRS Property, Plant & Equipment
  • IFRS Investment Property
  • IFRS Inventory
  • IFRS Intangibles Assets and Asset Impairement
  • IFRS Liabilities
IFRS Workshop Day 1 - Advavantage Montreal Seminars Inc.

Course IFRS 1010: IFRS Workshop (Day 1)

  • IFRS Revenue Recognition
  • IFRS Construction Contracts
  • IFRS Consolidated Financial Statements
  • IFRS Changes in Accounting Policy, Change in Estimate, and Correction of an Error
  • IFRS Statement of Cash Flows
  • IFRS Non-current Assets held for Sale & Discontinued Operations
  • IFRS Exploration for and Evaluation of Mineral Resources
IFRS Workshop Day 2 - Advantage Montreal Seminars Inc.

Course IFRS 1010: IFRS Workshop (Day 2)

  • IFRS Borrowing Costs
  • IFRS Accounting for Government Grants
  • IFRS Events after the B/S Date
  • IFRS Related Party Disclosure
  • IFRS EPS
  • IFRS Investment in Associates & Joint Ventures
  • IFRS Employee Benefits
  • IFRS Share-Based Payments
  • IFRS Financial Instruments
IFRS Bootcamp I - Advantage Montreal Seminars Inc.

Course IFRS 1020: IFRS Bootcamp I

  • IFRS F/S Preparation and Presentation
  • IFRS Conceptual Framework
  • IFRS Inventory
  • IFRS Fixed Assets
  • IFRS Impairment Testing
  • IFRS Intangible Assets
  • IFRS Liabilities
IFRS Bootcamp II - Advantage Montreal Seminars Inc.

Course IFRS 1021: IFRS Bootcamp II

  • IFRS Accounting Policies, Changes in Accounting Estimates & Errors
  • IFRS Statement of Cash Flows
  • IFRS Financial Instruments
  • IFRS Revenue Recognition
  • IFRS Borrowing Costs
  • IFRS Income Taxes
  • IFRS Leases
  • IFRS Foreign Currency Translation
  • IFRS Government Grants
  • IFRS EPS
  • IFRS Interim Financial Reporting & Operating Segments
  • IFRS Related Party Disclosures
  • IFRS Assets Held for Sale & Discontinued Operations
  • IFRS Investment in Associates & Joint Ventures