IFRS Update 2024

CFOs
Accountants
Financial analysts
Finance directors
Finance controllers/managers
Audit practitioners
Internal auditors who want to stay updated with the latest developments in IFRS and prepare for the impact of those on their business.

International Financial Reporting Standards are the world’s most widely applied accounting standards and are constantly evolving. Course will provide an update on all the latest developments and trends in IFRS globally.

What are the hot topics in the world of IFRS in 2024?

• Have you heard that we are going to have IFRS 18 and IFRS 19 soon? We will share with you the latest news.
• Reporting requirements on sustainability and ESG are still evolving. We will discuss the actual hot topics. 
• How to account for carbon offsets, since there is no specific standard dealing with this topic?
• As already you may have learned about the amendments for IAS 1 and about the new standard IFRS 17, this year we collected related examples and issues that we’ve seen in practice.
• In the area of taxes we will cover hot topics for Globe and we’ll look at some classification issues with real life examples in CEE.
• Obviously we will be covering new amendments, IFRIC agenda decisions and developments in standard setting applicable for 2024 and beyond

• IFRS 18 - Presentation and Disclosure in Financial Statements
• IFRS 19: Subsidiaries without Public Accountability: Disclosures
• ESG Hot topics - ESRS, S1 and S2
• Carbon offset accounting
• Current vs non-current liability - practical examples (Amendments to IAS 1)
• What accounting policies to disclose in the financial statement? - practical examples (Amendment to IAS 1)
• Globe related hot topics and classification of taxes through examples
• IFRS 17 Hot topics - practical examples for non insurance companies
• Selected IFRIC agenda decisions and ESMA enforcement decisions
• New standard amendments, IFRIC agenda decisions and IASB’s workplan

Gábor Balázs

Gábor is the regional leader for PwC’s Academies and the Accounting Advisory practice in CEE. He has been supporting large clients in the region for complex accounting matters as a technical accounting specialist for almost 20 years.

He is also an IFRS technical partner covering 27 countries from Central and Eastern Europe and Asia. He is the co-author of the PwC IFRS Manual of Accounting (Deferred Tax Section) and delivers IFRS training across the PwC network.

According to participants of Gabor’s trainings, one can always learn new things from him about IFRS and thanks to his experience, he can share interesting practical examples related to any accounting topics.