International Financial Reporting Standards ("IFRS") have gained momentum in Europe. The globalization of business and finance has inevitably led to calls for a common set of high quality, global accounting standards. IFRS has been successfully adopted in almost a hundred of countries over the last couple of years.
Luxembourg actively supports the development of these international accounting standards and, since 2010, the option to use IFRS as adopted by the European Union for the preparation of both stand-alone and consolidated accounts of non-listed companies has been introduced into national law.
Therefore, mastering the key differences between these two frameworks and be able to identify the risks and opportunities linked to the adoption of this or that accounting standard is essential for accounting practitioners.
Objectives:
At the end of the training, participants will be able to:
* explain the basic principles of both frameworks;
* understand the main differences between the two frameworks;
* describe the key attention points when passing from one
framework to the other.
- English formation
- Price: 650 EUR
- Target audience: Auditors
- Certificate of attendance
Automatically translated from French
Alexandra Neves
Lifelong Learning
2 Rue Gerhard Mercator
Luxembourg
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