IFRS: Core Standards and Comparison with US GAAP and FRS 102


IFRSs form the basis of reporting for all PLCs in Ireland and also subsidiaries of European listed companies. This course has been designed to provide delegates with an overview of the main aspects of the 'core' standards and to relate these to comparative standards in the United States, as well as outlining the main differences from local generally accepted accounting practice in FRS 102.

Venue details:  
Virtual Classroom, ,
Start date & time:  
15 October 2020 09:30
End date & time:  
15 October 2020 17:00
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
8.00 Training Tickets accepted
CPD hours:  
Speaker details
First nameLast name


Product type:  
CPD course
Financial reporting

Who should attend

The course is particularly suitable for those accountants who have just moved into a statutory reporting role for PLCs and also for accountants who have to marry IFRS/FRS with US GAAP when preparing the appropriate consolidation data for their US parents.

The course also assists accountants refresh their understanding of the key issues in international financial reporting


This course will be delivered over two half days via Zoom on Thursday 15 October from 9:30am to 12.30pm and 2.00pm to 5.30pm. The Zoom link will be emailed to participants the day before the course is due to take place

Course overview

This course will follow the Virtual Classroom format and will encompass a full day's worth of learning. The online interactive live sessions will utilise the functionality of our online learning platform and will be an engaging collaborative manner of learning.

  • Presentation of financial statements, accounting policies, estimates and errors
  • Property, plant and equipment, leases, impairment of assets, inventories
  • Revenue, provisions and contingencies, income tax
  • Consolidation, business combinations, associates and joint ventures
  • Foreign currency translation
  • Events after the end of the reporting period
  • Cash flow statements
  • Non current assets held for sale and discontinued operations

Key learnig outcomes

By the end of this course, participants will be able to:

  • Get to grips with the key issues in the core IFRS standards
  • Have an awareness of the main differences between IFRS and US GAAP in the core standards
  • Understand the reduction in disclosure and simplification of financial reporting from IFRS that is introduced in FRS 102

Speaker bio

Robert has lectured extensively within Ireland and Great Britain on accounting standards to such diverse organisations as British Gas Plc, The Post Office, British Aerospace Plc, NATO, Royal Bank of Scotland, Bank of Ireland, John Laing Plc, Barclays Bank, Deloitte and Reed International Plc. He has lectured on IFRS standards to major companies in Cyprus, United States, Bahrain, South Africa, Zambia and Ghana. He has published 14 books on the subject both in Ireland and GB.