Learning outcomes

What will you learn?

Key principles and concepts underlying International Financial Reporting Standards.

How to apply IFRS standards in financial reporting and disclosure requirements.

The process of transitioning from local GAAP to IFRS.

Practical examples and case studies for applying IFRS in real-world scenarios.

Course content

Participants

Who is this course designed for?

Accountants and finance professionals looking to deepen their understanding of IFRS.

Auditors involved in financial statement analysis and compliance with international standards.

CFOs and financial controllers responsible for financial reporting in multinational companies.

Consultants and advisors who assist clients in implementing IFRS standards.

Pre-requisites

Necessary Qualifications

A background in accounting, finance, or business administration.

Basic understanding of financial statements and accounting principles.

Experience in financial reporting or audit is recommended.

Familiarity with national accounting standards is beneficial but not mandatory.

Course Content

What will you study?

Status and purpose of the conceptual framework

The objective of general-purpose financial reporting

Enhancing qualitative characteristics

Financial statements and the reporting entity

The elements of financial statements

Recognition and derecognition

Measurement

Presentation and disclosure

Concepts of capital and capital maintenance