IFRS for SMEs: 2027 Update & Practical Application

The third edition of the IFRS for SMEs Accounting Standard introduces important changes that entities applying the standard need to understand and incorporate into their financial reporting from 2027. This programme focuses on the practical accounting work required under the updated standard. Participants will work through the areas most affected by the changes, including revenue, financial instruments, business combinations, fair value, consolidated financial statements, and financial statement disclosures. They will also compare existing accounting treatments with the revised requirements and prepare the adjustments needed for transition.