International financial Reporting Standards (IFRS) are the world’s most widely applied accounting standards. More than 130 countries now require or permit the use of IFRSs. Over 7000 public companies in the european Union have complied with IFRSs. This course is designed to guide you step-by-step through important IFRS technical issues. we explain the principles clearly and simply. Our specialist instructors also help delegates with the particalities of implementation.

Module 1: International Accounting standards Board (IASB)

– structure and work program.

Module 2: Content of IFRS Financial statements:

– Presentation of financial statements (IAS 1)

– Statement of cash flows (IAS 7)

– Accounting policies, changes in accounting estimates and errors (IAS 8)

– Events after the reporting period (IAS 10) – Operating segments (IFRS 8)

Module 3: Assets: – Inventories (IAS 2)

– Property, plant and equipment (IAS 16)

– Borrowing costs (IAS 23)

– Intangible Assets (IAS 38)

– Impairment of Assets (IAS 36)

Module 4: Liabilities:

– Employee benefits (IAS 19)

– provisions, contingent liabilities and contingent assets (IAS 37)

– Share-based payment (IFRS 2)

Module 5: Financial Instruments and Leases:

– Financial assets and liabilities (IAS 32, IAS 39 and IFRS 9)

– Leases (IAS 17)

– Updates on IFRS 16 Leases.

Module 6: Revenue (IAS 18):

– IFRS 15 Revenue from contracts with customers.

Module 7: Group Accounting:

– Consolidated Financial statements (IFRS 10)

– Business Combinations (IFRS 3)

Module 8: First Time adoption of IFRSs (IFRS 1)