IFRS 19 Subsidiaries without Public Accountability

IFRS 19 allows eligible subsidiaries to apply IFRS Accounting Standards with reduced disclosure requirements. For accounting teams, this can reduce the volume of financial statement disclosures, but it also requires careful decisions about eligibility, applicable disclosures, material information, and the preparation of compliant financial statements. This programme focuses on the work accountants and financial reporting teams need to perform when applying IFRS 19. Participants will assess subsidiary eligibility, compare existing disclosures with the reduced requirements, work through major financial statement areas, revise notes and disclosures, and complete a practical conversion of subsidiary financial statements to IFRS 19.