Course Summary
This two-day workshop provides a comprehensive guide to IFRS 1, First-time Adoption of International Financial Reporting Standards as it applies in Nigeria. Using real-world examples, case studies, model financial statements and checklists, this workshop enables delegates to understand the more complex issues facing Nigerian first-time adopters.
The course topics include:

General principles of IFRS 1 concerning recognition, measurement and the retrospective approach
Mandatory exceptions to the general principles including: Use of estimates; De-recognition of financial assets and financial liabilities; Hedge accounting; and Non-controlling interests
Strategies for the use of voluntary exemptions including: Business …