IFRS Update Training Course | 2025 Edition
The 2-day IFRS Update Training Course in Sydney, Australia, is designed to help finance professionals and organisations stay up to date with the latest International Financial Reporting Standards (IFRS). This comprehensive program provides a detailed overview of recent IFRS amendments, FRC findings, and IASB discussion papers and exposure drafts that influence both strategic and financial reporting.
Participants will gain practical insights into upcoming IFRS standards, IFRIC updates, and annual improvement projects, understanding how these developments affect financial statements, disclosure requirements, and compliance processes. The course equips attendees with the knowledge and tools to interpret and apply new IFRS changes effectively within their organisations.
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IFRS – IASB Updates
- New Standards and Critical Amendments: Keeping you abreast of the latest developments.
- Review of Comments by FRC: Understanding the perspectives shared by the FRC to address any concerns or areas of improvement.
- IASB’s Current Projects: Exploration of discussion papers and exposure drafts issued by the IASB, giving clarity on potential changes in the pipeline.
- Updates on IFRIC: Analysis of recent updates on IFRIC and their implications for existing practices.
- Annual Reports Considerations: Highlighting annual improvement projects and changes that might impact upcoming annual reports.
- Matters under IASB Discussion: Significant matters being discussed at the IASB and its likely impact.
- Industry Impact: Addressing issues raised by industry bodies and how they might influence forthcoming annual reports.
- Project Timeline: An overview of the IASB’s project timeline, providing insights into what to expect in the next 12 months.
- Navigating Challenges: Examining recent accounting scandals and providing guidance on navigating potential challenges in your annual reports.
- IFRS Vs US GAAP: Key and Critical differences
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Secure Your Spot
Throughout the program, we provide fully updated IFRS material for reference, enriched with numerous examples and group case studies. Supplementary materials and handouts are also available to facilitate learning. Our interactive lecture sessions, complemented by problem-solving activities and case discussions, aim to reinforce understanding.
Our team of international IFRS implementation experts has designed this comprehensive IFRS update program to equip finance executives with the knowledge needed for success in today’s global reporting landscape.
Financial reporting evolves continuously, necessitating a proactive approach to staying updated. Our IFRS Update Program ensures you remain well-informed and prepared to navigate the challenges of the modern business world.
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Global IFRS Update Schedule
Online | London | New York City | Zurich | Toronto | Miami | San Francisco | Sydney | Singapore | Dubai | Cape Town | Seoul | Rio de Janeiro  | Bermuda
For More Information
Please contact our customer service team for more information about our IFRS Update Program and to enroll. Our team is dedicated to providing you with excellent service and answering any questions you may have. We look forward to hearing from you and helping you take the next step in your professional development.
Instructor Bio
The course instructor will be one of our highly experienced faculty members.
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Our faculty of global experts brings extensive experience across International Financial Reporting Standards (IFRS), IPSAS, US GAAP, UK GAAP, ESG reporting, corporate governance, and prudential regulations such as Basel III and Solvency II. They also specialise in valuations, risk management, mergers & acquisitions, anti-money-laundering compliance, and digital transformation topics including Python, Blockchain, and Digital Assets.
Each instructor combines practical industry insight with deep academic knowledge to deliver an engaging, results-driven learning experience. Their expertise ensures participants gain up-to-date, real-world guidance that can be immediately applied in finance, audit, and regulatory roles.
Through interactive discussions and case-based sessions, our faculty fosters high knowledge retention and actionable learning — helping professionals and senior executives strengthen their technical competence, leadership capability, and career growth.
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Our Partners
Our Partners in Learning
Course Description
Session 1: Foundations of IFRS and Latest Developments
- Comprehensive overview of International Financial Reporting Standards (IFRS)
- Key updates and amendments effective from 2023–2026
- Insights into the impact of changes on financial reporting practices
Session 2: Newly Issued Accounting Standards
- IFRS 18: Presentation and Disclosure in Financial Statements (Effective 2027)
- IFRS 19: Subsidiaries without Public Accountability – Disclosures (Effective 2027)
- Implementation guidance and reporting implications of these standards
Session 3: Mastering Revenue Recognition and Lease Accounting
- IFRS 15: A deep dive into the revenue recognition framework and post-implementation review
- IFRS 16: Transformative updates in lease accounting and overcoming practical challenges
- Actionable insights and industry best practices for seamless adoption
Session 4: Financial Instruments
- Comprehensive exploration of IFRS 9: Classification, impairment, hedge accounting, and derecognition
- Key amendments and updates to the expected credit loss (ECL) model
- Industry applications and strategies for effective implementation
Session 5: Business Combinations and Consolidation
- Recent amendments to IFRS 3, 10, 11, and 12 and their implications for financial reporting
- Practice challenges and issues in business combinations and consolidation
- Best practices for handling disclosures, goodwill, and control assessments
Session 6: ESG and Sustainability Reporting
- Introduction to IFRS S1 and S2: Pioneering ESG-related reporting standards
- Practical guidance on sustainability disclosures and meeting global compliance requirements
Session 7: Regulatory Updates and Strategic Implications
- Latest findings and concerns from the Financial Reporting Council (FRC) and other regulators
- Impacts of IFRIC decisions and key IASB amendments effective from 2023–2026
- Exposure drafts in progress: Key proposals and their expected impact
Session 8: Case Studies, IASB Work Plan, and Wrap-Up
- Real-world application of IFRS principles through interactive case studies
- IASB Work Plan: Insights into upcoming initiatives and long-term projects
- Dynamic and Practical Approach: Balancing technical knowledge with actionable guidance
- Expert-Led Sessions: Delivered by experienced IFRS practitioners
- Comprehensive Q&A and a recap of key course takeaways
Program Highlights
- Interactive learning through real-world examples and case studies
- Practical guidance to navigate complex IFRS requirements
- Stay ahead with insights into future standards and regulatory changes
Why you must attend?
In today’s dynamic financial environment, keeping up with the latest IFRS updates is essential for every finance and accounting professional. With over 140 countries adopting International Financial Reporting Standards (IFRS) and new amendments issued each year, staying current is critical to ensuring compliance, accuracy, and credibility in financial reporting.
The IFRS Update Workshop offers a comprehensive and practical overview of the most recent amendments, interpretations, and emerging developments under IFRS. This two-day intensive course is specifically designed to help professionals apply updated standards confidently and navigate the complexities of modern financial reporting.
Participants will explore key IFRS updates and technical issues, including:
- Recent amendments and implementation guidance across major standards
- IFRS 9 updates and ESG-related disclosure requirements
- Leases, business combinations under common control, and sale-and-leaseback transactions
- New developments in revenue, financial instruments, and fair value measurement
- Integration of sustainability and climate-related disclosures (IFRS S1 and S2)
Through hands-on case studies, real-life examples, and interactive discussions, you will gain the knowledge and tools to interpret new standards and assess their impact on financial statements. The course also provides access to IFRS templates, models, and reference materials that can be immediately applied in your work.
Led by a world-class faculty with extensive experience in IFRS implementation across Europe, the Middle East, and emerging markets, this workshop ensures a focused and personalised learning experience through small class sizes and practical sessions.
By attending, you will:
- Strengthen your understanding of new and revised IFRS requirements
- Learn how to implement changes effectively across your organisation
- Gain insights into best practices and regulatory expectations
- Enhance your professional competence and career advancement prospects
Take this opportunity to stay ahead of regulatory changes, elevate your technical expertise, and reinforce your professional credibility.
Register now for the IFRS Update Workshop and position yourself at the forefront of global financial reporting excellence.
Teaching methodology
The training program will employ a comprehensive and engaging approach to learning, designed to deliver maximum impact and retention. The methodology includes:
- A user-friendly slide deck that presents the concepts, methodologies, and principles in a clear and concise manner, making the material easily accessible to all attendees.
- Interactive sessions featuring real-life case studies to provide hands-on experience and bring the material to life.
- Explanations of concepts and methodologies through the use of examples and distinct scenarios, allow attendees to understand the material in context.
- Group exercises designed to illustrate accounting principles, encouraging collaboration and fostering a deeper understanding of the material.
- Discussions on GAAP (IFRS Vs US GAAP) differences, industry issues, and diversity in practices, provide attendees with a well-rounded understanding of the subject matter.
- Access to additional course material and handouts, ensuring attendees have a comprehensive reference resource to support their learning.
- An open and inclusive atmosphere that encourages attendees to ask questions and engage in discussion, ensuring a thorough understanding of the material.
The combination of these elements creates a dynamic and engaging learning experience that will support the professional development of all attendees.
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Who should attend?
The IFRS Update Program is designed for a wide range of professionals, including:
- Accountants and finance professionals who use and produce financial statements under IFRS, and need to stay up to date with the latest developments in accounting standards and disclosure requirements
- Auditors who need to understand and apply the latest IFRS guidance to their audit work
- Market research analysts who require an understanding of how financial statements are prepared and presented under IFRS, in order to conduct effective financial analysis and valuation
- Professionals from rating agencies who use financial statements as a basis for credit ratings and need to keep up to date with the latest accounting standards and disclosure requirements
- Regulators who require an understanding of the latest accounting standards and disclosure requirements in order to develop and enforce effective financial reporting regulations
- Capital market watch experts who need to keep up to date with the latest developments in accounting standards and disclosure requirements in order to provide insights and recommendations to investors and other market participants.
No matter your profession, if you work in a field related to accounting, finance, or investment, the IFRS Update Program can provide you with the knowledge and skills you need to stay ahead in today’s global reporting environment.
Feedback
Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.
Venue & other info
Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.
Please note that accommodation arrangements are the responsibility of the attendee.
Workshop Delivery (Online Programs)
The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
In-Person Workshop
Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
Changes to the conference
Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.
Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.
Payment
Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.
We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.
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Group discount
Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.
Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.
For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.
In-House Training
Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.
