Course Detail(A320v : Accounting Standards Technical Update 2025: Key Changes, IFRIC Decisions, and Future Developments)

A320v : Accounting Standards Technical Update 2025: Key Changes, IFRIC Decisions, and Future Developments NEW

7.00 CPE Hours (Category 1)
Live Webinar

This workshop aims to provide a comprehensive overviewof all significant changes to the accounting standards effective from  2023to 2025. Recent IFRIC Agenda Decisions of significance and standards effective in future periods will also be covered.  The primary emphasis of the workshop will be on IFRS 18. The session  will provide detailed explanations of the guidance, illustrative examples and insights into the application of the changes.


At the end of this course, you will be able to:

  • Understand the newly issued and amended IFRS (effective from 2023 to 2025) relevant to preparers and users of financial statements;
  • Evaluate outstanding IASB exposure drafts and discussion papers; and
  • Understand the key requirements and implications of IFRS18 and 19 (from 2027) on the presentation and disclosure in Financial Statements.

Programme Outline

Changes effective for financial years beginning 1 January 2023

  • IFRS 17 – Insurance Contracts (focus on scope impacting non-insurance companies)
  • Amendments to IAS 1 and Practice Statement 2: Disclosure of Accounting Policies 
  • Amendments to IAS 8: Definition of Accounting Estimates
  • Amendments to IAS 12: Deferred Tax related to Assets and Liabilities arising from a Single Transaction
  • Amendment to IAS 12: International Tax Reform—Pillar Two Model Rules


Changes effective for financial years beginning 1 January 2024

  • Amendments to IAS 1: Classification of Liabilities as Current or Non-current 

Amendments to IAS 1: Non-current Liabilities with Covenants

  • Amendments to IFRS 16: Lease Liability in a Sale and Leaseback
  • Amendments to IFRS 7: Supplier Finance Arrangements


Changes effective for financial years beginning 1 January 2025

  • Amendments to IAS 21: Lack of Exchangeability

Changes effective for financial years beginning 1 January 2026

  • Amendments to IFRS 9 and IFRS 7: Classification and Measurement of Financial Instruments and Contracts Referencing Nature-dependent Electricity
  • Amendments to IFRS 10 Consolidated Financial Statements
  • Amendments to IAS 7 Statement of Cash Flows                                                                                                                                                                         

Changes effective for financial years beginning 1 January 2027

  • IFRS 18 Presentation and Disclosures in Financial Statements
  • IFRS 19 Subsidiaries without Public Accountability – Disclosures
  • IFRS for SMEs

IFRIC Agenda Decisions

  • Validity of IFRIC Agenda Decisions
  • Effective dates and transitional provisions
  • Recent key decisions


Training Methodology*

Lecture style with exercises and examples
 
Closing Date for Registration*
15 September 2025
18 November 2025

Intended For

Competency Mapping

Category 1 = 7.00 Hours

Schedule & Fees

Date & Time

17 Sep 2025 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Thomas Egan

Venue

Live Webinar in or outside of
Singapore

Date & Time

21 Nov 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)


SGD pricing -

For Members: $ 409.84
For Non-Members: $ 493.77


Programme Facilitator(s)

Thomas Egan

Venue

Live Webinar in or outside of
Singapore

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Thomas Egan

Tom is a member of ISCA, as well as ACCA, CPA Australia and is a licensed US CPA.  He had served on a number of committees related to accounting standards, financial reporting, and XBRL.  He has extensive experience related to accounting for financial instruments gained through the past 18 years in technical accounting roles with a Big 4 firm and an international bank and is currently the accounting advisor to the airline industry for implementation of IFRS 9, Financial Instruments, IFRS 15, Revenue and IFRS 16, Leases.  He holds a Masters degree in accounting from the University of Wisconsin - Madison and a Postgraduate Diploma in Strategic Finance from the University of Oxford.
 

This workshop aims to provide a comprehensive overviewof all significant changes to the accounting standards effective from  2023to 2025. Recent IFRIC Agenda Decisions of significance and standards effective in future periods will also be covered.  The primary emphasis of the workshop will be on IFRS 18. The session  will provide detailed explanations of the guidance, illustrative examples and insights into the application of the changes.


At the end of this course, you will be able to:

  • Understand the newly issued and amended IFRS (effective from 2023 to 2025) relevant to preparers and users of financial statements;
  • Evaluate outstanding IASB exposure drafts and discussion papers; and
  • Understand the key requirements and implications of IFRS18 and 19 (from 2027) on the presentation and disclosure in Financial Statements.

Programme Outline

Changes effective for financial years beginning 1 January 2023

  • IFRS 17 – Insurance Contracts (focus on scope impacting non-insurance companies)
  • Amendments to IAS 1 and Practice Statement 2: Disclosure of Accounting Policies 
  • Amendments to IAS 8: Definition of Accounting Estimates
  • Amendments to IAS 12: Deferred Tax related to Assets and Liabilities arising from a Single Transaction
  • Amendment to IAS 12: International Tax Reform—Pillar Two Model Rules


Changes effective for financial years beginning 1 January 2024

  • Amendments to IAS 1: Classification of Liabilities as Current or Non-current 

Amendments to IAS 1: Non-current Liabilities with Covenants

  • Amendments to IFRS 16: Lease Liability in a Sale and Leaseback
  • Amendments to IFRS 7: Supplier Finance Arrangements


Changes effective for financial years beginning 1 January 2025

  • Amendments to IAS 21: Lack of Exchangeability

Changes effective for financial years beginning 1 January 2026

  • Amendments to IFRS 9 and IFRS 7: Classification and Measurement of Financial Instruments and Contracts Referencing Nature-dependent Electricity
  • Amendments to IFRS 10 Consolidated Financial Statements
  • Amendments to IAS 7 Statement of Cash Flows                                                                                                                                                                         

Changes effective for financial years beginning 1 January 2027

  • IFRS 18 Presentation and Disclosures in Financial Statements
  • IFRS 19 Subsidiaries without Public Accountability – Disclosures
  • IFRS for SMEs

IFRIC Agenda Decisions

  • Validity of IFRIC Agenda Decisions
  • Effective dates and transitional provisions
  • Recent key decisions


Training Methodology*

Lecture style with exercises and examples
 
Closing Date for Registration*
15 September 2025
18 November 2025

Intended For

Competency Mapping

Category 1 = 7.00 Hours

Programme Facilitator(s)

Thomas Egan

Tom is a member of ISCA, as well as ACCA, CPA Australia and is a licensed US CPA.  He had served on a number of committees related to accounting standards, financial reporting, and XBRL.  He has extensive experience related to accounting for financial instruments gained through the past 18 years in technical accounting roles with a Big 4 firm and an international bank and is currently the accounting advisor to the airline industry for implementation of IFRS 9, Financial Instruments, IFRS 15, Revenue and IFRS 16, Leases.  He holds a Masters degree in accounting from the University of Wisconsin - Madison and a Postgraduate Diploma in Strategic Finance from the University of Oxford.
 


Upcoming Schedule

Date & Time

21 Nov 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)


SGD pricing -

For Members: $ 409.84
For Non-Members: $ 493.77


Programme Facilitator(s)

Thomas Egan

Venue

Live Webinar in or outside of
Singapore