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Virtual workshops to help you upskill your IFRS knowledge when transitioning to GPFS

In March 2021 Accounting News we outlined the road to a successful transition to general purpose financial statements (GPFS). As part of the five-step transition process, Step Three – analysing your skills and systems gap, you may need to upskill your team on the recognition and measurement requirements of a range of Australian Accounting Standards. Step three is a good time to assess the resources you have available to action your plan. Does your team have the required knowledge in Australian Accounting Standards, or do you need to invest in some training or expertise to upskill them.

BDO is running a range of WORKSHOPs during 2021 to help your team develop the skills you need for GPFS transition. Our new ‘Transition to GPFS’ Virtual Workshops are specially designed to upskill your team in readiness for GPFS reporting. Starting on 20 April 2021, this online series delivers the practical knowledge you need on a different topic each week. Please register here for our virtual workshops.

This publication has been carefully prepared, but is general commentary only. This publication is not legal or financial advice and should not be relied upon as such. The information in this publication is subject to change at any time and therefore we give no assurance or warranty that the information is current when read. The publication cannot be relied upon to cover any specific situation and you should not act, or refrain from acting, upon the information contained therein without obtaining specific professional advice. Please contact the BDO member firms in Australia to discuss these matters in the context of your particular circumstances.

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