Webcast
IFRS for SMEs vs IFRS
Compare IFRS for SMEs with full IFRS, including eligibility, simplified reporting requirements, and key differences in accounting treatment. Review the 2025 revisions and their implications for financial reporting.
$98.00
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and Saturday & Sunday, 10am – 6pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
2 Credits: Accounting
Course Level
Intermediate
Format
Webcast
Course Description
IFRS for SMEs simplifies financial reporting for eligible entities, but its differences from full IFRS affect more than disclosures. Jennifer F. Louis, CPA, explains which entities may use the standard and compares the frameworks’ recognition, measurement, presentation, and disclosure requirements.
This CPE webcast examines financial instruments, business combinations, investments, goodwill and other intangible assets, employee benefits, income taxes, revenue, and leases. Learn where the frameworks share principles, where simplified requirements change the accounting treatment, and how the 2025 revisions to IFRS for SMEs affect key reporting areas.
Learning Objectives
Upon completion of this course, participants will be able to:
- Identify entities eligible to apply IFRS for SMEs based on public accountability and financial reporting requirements.
- Recognize shared financial reporting principles and differences in presentation, measurement, and disclosure requirements.
- Distinguish the accounting requirements for financial instruments, business combinations, and investments in other entities under the two frameworks.
- Compare the measurement, amortization, and impairment requirements for goodwill, intangible assets, and other nonfinancial assets.
- Identify differences in accounting for revenue, government grants, research and development costs, and borrowing costs.
- Recognize differences in accounting for leases, employee benefits, and income taxes.
- Identify significant 2025 revisions to IFRS for SMEs affecting fair value measurement, financial instruments, business combinations, revenue, and cash flow disclosures.
Course Specifics
WC1126493412
October 19, 2026
Basic understanding of financial accounting and IFRS concepts
None
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis. Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years. Prior to that, Jennifer was Executive Vice President/Director of …
Webcast
