International Financial Reporting Standards

Course overview

• In this course we will Develop a sound understanding of the International Financial Reporting Standards IFRS and their impact on financial reporting.
• Understand the basic principles of assets, liabilities and owners' equity.

Course objective

• Adopt the language of accounting and finance.
• Develop a sound understanding of the International Financial Reporting Standards IFRS and their impact on financial reporting.
• Understand the basic principles of assets, liabilities and owners' equity.
• Effectively interpret accounting transactions according to IFRS.
• Demystify the interpretation of financial statements and reports.

Who should attend?

Professionals in the fields of finance and accounting, professionals seeking to enhance international accounting knowledge, companies implementing IFRS as the standard of reporting.

Course outline

• Introduction to IFRS
• Balance Sheet
• Income Statement
• Statement of Changes in Equity, and Statement of Recognized Income and Expense
• Financial Instruments - Assets
• Liabilities and Stockholders' Equity

Training methodology

• Presentation & Slides
• Audio Visual Aids
• Interactive Discussion
• Participatory Exercise
• Action Learning
• Class Activities
• Case Studies
• Workshops
• Games & Role plays