BDO IFRS Training Virtual Workshops

Workshop 1
Accounting for loan re-negotiations, government stimulus measures and impairment testing
Date: Wednesday 28 October 2020
Time: 12.00pm - 2.00pm

Take control of your finances by building a cash flow forecast
Session 1: IFRS 9, IAS 36 and IAS 20

Through the use of multiple practical case studies and interactive activities attendees will gain an in-depth knowledge of accounting for:

· Modifications of financial assets and liabilities, including renegotiated repayment terms on loans

· The impact of COVID-19 on accounting for trade receivables and ECL balances

· Impairment testing of non-financial assets, including right-of-use assets

· ‘JobKeeper’ payments and other government stimulus

What we will cover

In this interactive workshop you will learn how to appropriate account and consider the impact of COVID-19 for:

· Trade receivables and the ECL allowance

· Renegotiations of financial liabilities such as bank loans

· Renegotiations of financial assets such as related party loan receivables

· Financial guarantee contracts

· Impairment testing of non-financial assets under IAS 36, including right-of-use assets

· ‘JobKeeper’ payments and other government stimulus

Workshop 2
Accounting for rent concessions, changes to share-based payments and subsequent events
Date: Wednesday 11 November 2020
Time: 12.00pm - 2.00pm

Through the use of multiple practical case studies and interactive activities, attendees will gain an in-depth knowledge of accounting for:

· Rent concessions (both by lessors and lessees)

· Events after reporting date on financial statements

· Modification of share-based payments

Learning outcomes

In this interactive workshop you will learn:

· How to appropriately account for rent concessions as a result of COVID-19 (both by lessors and lessees), and how to apply the new IFRS 16 amendment for COVID-19 related rent concessions for lessees

· How to identify and assess the effects of events after reporting date on financial statements

· How to appropriately account for modification of share-based payments

Workshop 3 -   Impact of COVID-19 on revenue recognition, fair value measurement, provisions and going concern
Date: 25 November 2020
12.00pm - 2.00pm

Through the use of multiple practical case studies and interactive activities, attendees will gain an in-depth knowledge of accounting for and disclosing:

· Revenue recognition

· Going concern assessments

· Inventory write-downs

· Investments in associates and joint ventures

· Valuing assets and investments

· Various provisions, including onerous contracts and termination provisions

Learning outcomes

In this interactive workshop you will learn how to appropriately account and consider the impact of COVID-19 for:

· Revenue recognition for variable consideration such as volume rebates & returns, delay penalties, changes to contract terms and recognising revenue when collection is not probable

· Going concern assessment and be able to identify the appropriate level of disclosure required

· Identifying when inventory write-downs is required

· Investments in associates and joint ventures

· Valuing assets and investments

· Various provisions, including onerous contracts and termination provisions

These interactive workshops are ideal for

· For-profit and not-for-profit Chief Financial Officers

· Financial Controllers

· Finance Managers

· Accountants

· Auditors

· Those involved in any aspects of financial or corporate reporting

What you will receive

By attending these workshops you will receive:

· A participants workbook with practical case studies (prior to the commencement of the session)

· A solutions workbook (after the workshop)

• Presentation slides (after the workshop)