IFRS 10 - How are Australian companies approaching the new consolidation standard?

In May 2011, the IASB issued three new standards, IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements and IFRS 12 Disclosure of Interests in Other Entities with the aim of increasing consistency, transparency and comparability across these areas.

The first in our series of webcasts for Australia focuses on IFRS 10. While this new standard is not effective until annual periods beginning on or after January 2013, an early analysis will help avoid surprises and ease transition, as adopting the standard will require time, effort and the exercise of considerable judgement. This 60-minute webcast will:

• Provide an overview of IFRS 10 and explore the main differences from current IFRS
• Emphasize the key judgemental areas and the information required for those charged with governance to make informed decisions
• Highlight important practical implications of the new standards, including the likely impact on business processes, internal controls and IT systems

This webcast is designed for financial reporting managers, financial controllers and chief financial officers who have responsibility for financial reporting matters.

Please join us for this interactive discussion.