INTERNATIONAL FINANCIAL REPORTING STANDARDS IFRS TRAINING
INTERNATIONAL FINANCIAL REPORTING STANDARDS IFRS AND UPDATES TRAINING
Course Schedule
| Venue (InHouse) | Fees |
|---|---|
| At Your Organization Premises | Ask For The Quotation |
Course Introduction
IFRS (International Financial Reporting Standards) provides a globally recognized framework for financial reporting, ensuring consistency, transparency, and comparability across international boundaries. This course equips participants with practical knowledge to apply IFRS in preparing, analyzing, and interpreting financial statements, aligning with international best practices.
Through hands-on exercises, case studies, and real-world applications, participants will gain the confidence to apply IFRS standards in their organizations, handle complex accounting transactions, and meet reporting requirements efficiently.
Course Objectives
By the end of this course, participants will be able to:
- Understand the IFRS conceptual framework and its key principles.
- Apply IFRS standards to prepare and present financial statements.
- Recognize key differences between IFRS and local GAAP.
- Account for complex transactions including revenue, leases, and financial instruments.
- Ensure compliance with IFRS disclosure requirements.
- Interpret financial statements prepared under IFRS for decision-making.
- Stay updated with IFRS amendments, interpretations, and best practices.
Key Benefits of Attending
Organizations operating globally or planning international expansion require IFRS compliance for credibility, transparency, and regulatory alignment. This training empowers professionals to adopt IFRS confidently, reduce accounting errors, and enhance financial reporting accuracy, improving decision-making and strategic planning.
Intended Audience
This course is suitable for:
- Accountants, auditors, and finance professionals
- Financial controllers, CFOs, and finance managers
- Professionals involved in financial reporting, consolidation, or compliance
- Analysts and decision-makers in multinational organizations
- Anyone seeking a deep understanding of IFRS standards
Individual Benefits
- Gain practical knowledge of IFRS principles and applications.
- Learn to prepare accurate and compliant financial statements.
- Enhance analytical and decision-making skills.
- Improve professional credibility and global employability.
- Build confidence in applying IFRS to complex accounting scenarios.
Organization Benefits
- Ensure global compliance in financial reporting.
- Improve transparency, comparability, and reliability of financial statements.
- Strengthen internal controls and reporting processes.
- Support accurate decision-making and strategic planning.
- Build in-house expertise for IFRS adoption and training.
Instructional Methdology
- Instructor-led interactive sessions
- Real-world case studies and applied exercises
- Step-by-step tutorials on applying IFRS standards
- Group discussions and collaborative problem-solving
- Continuous feedback, Q&A sessions, and practical exercises
Course Outline
Module 1: Introduction to IFRS – Conceptual Framework and Principles
Module 2: Presentation of Financial Statements under IFRS
Module 3: Revenue Recognition (IFRS 15)
Module 4: Leases (IFRS 16)
Module 5: Financial Instruments (IFRS 9)
Module 6: Property, Plant, and Equipment & Intangible Assets (IAS 16 & IAS 38)
Module 7: Employee Benefits and Provisions (IAS 19 & IAS 37)
Module 8: Consolidation, Group Reporting, and Business Combinations (IFRS 3 & IFRS 10)
Module 9: Disclosure Requirements and Compliance under IFRS
Module 10: Capstone Exercise – Preparing IFRS-Compliant Financial Statements
Certification
Upon successful completion, participants will receive a Certificate in International Financial Reporting Standards (IFRS), validating their ability to prepare, analyze, and interpret financial statements in compliance with IFRS for global reporting standards.