ADVANCED INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)
“Mastering the Application and Interpretation of Complex IFRS Standards”
Course Schedule
| Date | Venue | Fees (Face-to-Face) |
|---|---|---|
| 05 – 07 May 2026 | Dubai, UAE | USD 2495 per delegate |
Course Introduction
International Financial Reporting Standards (IFRS) continue to evolve, with new and updated standards presenting complex challenges in interpretation, disclosure, and compliance. Financial professionals must stay ahead by understanding the practical implications of advanced IFRS standards on financial statements, consolidations, and fair value measurements.
This 3-day course provides in-depth coverage of advanced IFRS topics, including revenue recognition, lease accounting, financial instruments, impairment testing, and group consolidations. Through real-world scenarios and exercises, participants will enhance their technical proficiency and reporting accuracy under IFRS.
Course Objectives
By the end of this course, participants will be able to:
• Interpret and apply advanced IFRS standards correctly and consistently
• Handle complex accounting issues relateda to revenue, leases, and financial instruments
• Prepare group consolidations and eliminate intercompany transactions
• Conduct impairment assessments and measure fair value accurately
• Ensure IFRS-compliant financial reporting and disclosures
Key Benefits of Attending
• Deepen your technical accounting expertise in IFRS application
• Stay updated on recent amendments and emerging IFRS issues
• Improve the quality and transparency of financial reports
• Reduce the risk of non-compliance with regulatory standards
• Learn practical techniques from case studies and real disclosures
Intended Audience
This program is designed for:
• Finance managers and financial controllers
• External and internal auditors
• Accounting and financial reporting professionals
• IFRS consultants and advisors
• Regulatory and compliance officers
Individual Benefits
Key competencies that will be developed include:
• Mastery of complex IFRS standards
• Accurate preparation of financial statements and notes
• Effective handling of business combinations and leases
• Practical application of fair value and impairment principles
• Stronger audit readiness and disclosure practices
Organization Benefits
Upon completing the training course, participants will demonstrate:
• Improved IFRS financial reporting consistency
• Reduced risk of restatements and audit issues
• Enhanced alignment with global accounting practices
• Increased stakeholder trust through transparent disclosures
• Stronger internal control over financial data and compliance
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
• Strategy Briefings – Detailed interpretation of key IFRS standards
• Case Studies – Real financial statements and audit adjustments
• Workshops – Journal entries, calculations, and reconciliations
• Peer Exchange – Discussion on industry-specific IFRS challenges
• Tools – Disclosure checklists, model templates, and IFRS updates summary
Course Outline
Training Hours: 07:30 AM – 03:30 PM
Daily Format: 3 Learning Modules | Coffee Breaks: 09:30 & 11:15 | Lunch Break: 01:00 – 02:00
Day 1: IFRS Core Standards and Revenue Recognition
- Module 1: Overview of IFRS Framework and Key Updates (07:30 – 09:30)
• Conceptual framework and recent changes - Module 2: IFRS 15 – Revenue from Contracts with Customers (09:45 – 11:15)
• 5-step model, variable consideration, and disclosures - Module 3: Workshop – Revenue Recognition Scenarios (11:30 – 01:00)
• Contract modifications and bundled services
Day 2: Leases, Financial Instruments, and Impairment
- Module 4: IFRS 16 – Lease Accounting (07:30 – 09:30)
• Right-of-use assets, lease liabilities, and exemptions - Module 5: IFRS 9 – Financial Instruments (09:45 – 11:15)
• Classification, measurement, impairment, and hedging - Module 6: Workshop – IFRS 16 & 9 Journal Entries (11:30 – 01:00)
• Balance sheet and P&L impacts
Day 3: Group Reporting, Fair Value, and Disclosures
- Module 7: IFRS 10, 11, 12 – Consolidation & Joint Arrangements (07:30 – 09:30)
• Subsidiaries, associates, and NCI reporting - Module 8: Fair Value Measurement & Impairment Testing (09:45 – 11:15)
• IFRS 13 and IAS 36 application - Module 9: Workshop – Consolidation Adjustments and Disclosures (11:30 – 01:00)
• Intercompany eliminations and group financials
Certification
Participants will receive a Certificate of Completion in Advanced International Financial Reporting Standards (IFRS), verifying their proficiency in applying advanced IFRS principles and enhancing financial reporting quality.