IFRS 1 - first time adoption of IFRS (ICAS)


The following presentation looks at IFRS 1, First-Time Adoption of International Financial Reporting Standards. This unique standard is generally required once in an entity's life, when it makes the transition from some national accounting system to IFRS.

Learning Outcomes:

By the end of the course you will gain a good understanding of:

  • What first time adoption of IFRS means
  • National Requirements
  • Compliance with the different parts of IFRS
  • Internal use IFRS

Authored by: Christopher Nobes BA, PhD, FCCA

A Professor of Accounting at Royal Holloway, University of London. Professor Nobes was UK representative on the Board of the International Accounting Standards Committee from 1993 to 2001. He is vice-chairman of the accounting working group of the Fédération des Experts Comptables Européens. He is the author of twelve books including the FT Reports Interpreting French Company Reports and German Accounting Explained.

A CPD certificate of completion will be provided by BPP Professional Education Limited upon successful completion of the online course.

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date

Price: £35.00 (excludes VAT)