18th Annual IFRS Masterclass

Applying the new IFRS Standards and their impact on long-term business consequences

25 Feb 2020Crowne Plaza, Auckland
Event Details
separately bookable workshops
Transitioning to IFRS16 Leases
26 November 2019 | 9:00am - 12:30pm

IFRS16 Leases set the principle for how leases are recognised, measured, and disclosed. This workshop examines the impact that transitioning to IFRS16 will have on business processes for lessees and lessors. Explore the fundamental requirements of implementing IFRS16 and what impact this will have on your business. This workshop will review the following in-depth:

  • Reviewing the standard requirements needed to transition to IFRS16
  • Choosing the best transition methods to optimise business success 
  • How IFRS16 will impact financial statements
  • Exploring IFRS16 implementation framework
  • How accounting standards are impacted for lessors
  • IFRS16 key disclosure and transition requirements
  • Business requirements for adopting IFRS16

 

Jason Stinchcombe

Audit & Technical Partner

RSM

Jason Stinchcombe is an audit and technical partner at RSM. Jason provides his clients, accounting professionals and the RSM group with practical advice and training on external reporting and the implementation of NZ IFRS.

Understanding revenue – adopting and applying IFRS15
26 November 2019 | 1:30pm - 5:00pm

IFRS15 provides accountants with guidance on accounting for revenue from contracts with customers. Understand the implications of the IFRS15 Revenue Recognition model, and how your business can leverage this framework to understand how much revenue is to be recognised, and when.

Examine the five-step model to recognise revenue

  • Reviewing the key concepts and terms of IFRS15 Revenue Recognition
  • IFRS15 transition methods and their impact on business processes
  • Analysing the five-step model to recognise revenue
  • Examining the new revenue disclosure requirements
  • Accounting for variable consideration

Mark Hucklesby

National Technical Director, Audit

Grant Thornton

Mark is a partner and National Technical Director for Grant Thornton New Zealand and is the firm’s financial reporting expert. For more than 25 years he has either been creating, interpreting or commenting on financial reporting standards in New Zealand and across the world. Mark is currently a Member of CPA Australia’s Centre of Excellence External Reporting Panel – a think tank that helps develops policy and responds to new and emerging issues affecting anyone involved in the accounting profession. He is also a member of the External Reporting Board’s accounting and audit Technical Reference Groups.

    Share
    Copyright © 2019 Conferenz Ltd.