International Financial Reporting Standards (IFRS)

Most of IFRS is mechanical and most of the argument is not. The difficulty is concentrated in a few places: when revenue is recognised, what counts as a lease, whether an impairment has occurred, how an expected credit loss is estimated, and what fair value means when there is no market. Those are the areas where two competent accountants reach different numbers from the same facts, where auditors push back, and where a disclosure note has to carry the reasoning. This week works through them on the delegate's own statements rather than on illustrative examples.

It runs 7 times over the published calendar, in 6 cities and live online. Every date is the same programme with the same content and the same certificate.

• Apply the five step revenue model to a contract where the performance obligations are not obvious.
• Account for a lease from the lessee side, including the judgements about term and discount rate.
• Test an asset for impairment and support the assumptions that drive the result.
• Estimate an expected credit loss and explain the staging decisions behind it.
• Write a disclosure note that answers the question a reader will actually ask.

Financial accountants and reporting managers preparing IFRS statements, financial controllers reviewing them, and internal auditors and analysts who have to understand how a number was arrived at.

Short input, then work. Across 5 days of roughly 6 teaching hours each, the balance sits deliberately with the second: a programme where the trainer talks for six hours produces notes rather than capability.

• Your own material

  Exercises run on situations delegates bring, not on a case study written for a different organisation in a different decade.

• A capped cohort

  Small enough that everybody is asked something. Executive programmes are capped tighter still.

• Practice under scrutiny

  The difficult conversation, the challenged assumption, the decision defended out loud. Judgement is not built by watching.

• Something to take back

  Each day ends with a thing you can use on Monday rather than a slide deck you will not reopen.

• A worked revenue, lease or impairment treatment for one of the delegate's own contracts or assets.
• A file note recording the judgements made and the basis for each, in audit ready form.
• A shortlist of the delegate's own disclosures that would not currently survive a challenge.

A GATI certificate recording what you attended, issued after the programme has run and attendance has been taken. Attending at least 80 per cent of the days earns a certificate of completion; attending less earns a certificate of attendance stating exactly what was attended.

Every certificate carries a code that anybody can check against GATI's own record, which is what makes it worth holding. It records participation. This site will not imply one it does not have.