About this seminar

This course is relevant for entities that have recently acquired a business and need to prepare their financial statements in accordance with either International Financial Reporting Standards or Australian Accounting Standards. The course will provide you with a practical understanding of IFRS 3 Business Combinations, including:

  • Distinguishing between a business combination and other types of acquisitions, such as asset acquisitions

  • Understanding the accounting for business combinations, including the key features of the acquisition method

  • Identifying the main disclosure requirements applicable to business combinations.

How this seminar can help your business

Business acquisitions can be complex and correctly accounting for them can require significant judgement. Consequently, correctly accounting for a business combination can be highly challenging. This course will provide you with a basic understanding of how IFRS 3 Business Combinations works. We demonstrate various aspects of the Standard using worked examples so you can understand how to apply this to your business acquisition.

Meet your course instructor

IFRS Instructor

Aletta Boshoff

Aletta is an Advisory Partner and National Leader of IFRS & Corporate Reporting at BDO in Australia. Aletta has over 25 years’ experience in financial reporting and accounting, including IFRS. Aletta has lectured on financial accounting and reporting, auditing and assurance and taxation at various Australian and South African universities. As an Associate Professor, she authored various financial reporting and accounting textbooks. Aletta also spent several years as a Project Manager at the Australian Accounting Standards Board (AASB).

IFRS Instructor

Dean Ardern

Dean has been advising on IFRS and other financial reporting matters for over 15 years. Having worked with a range of clients in both the for-profit and not-for-profit sectors, Dean understands the challenges preparers face. Dean has presented academic and professional training seminars and published papers on various topics in financial accounting and reporting in Australia and internationally. Dean has also participated in various professional liaison and working groups, including the AASB’s Disclosure Initiative Project Advisory Panel and the Institute of Actuaries of Australia’s Insurance Accounting Standards Committee.