Course information

International Financial Reporting Standards Course Outline

Module 1: International Financial Reporting Standards

  • What is International Financial Reporting Standards?
  • Benefits of Adopting IFRS
  • Overview of Key IFRS Framework

Module 2: Financial Statements under IFRS

  • Structure of Financial Statements
  • Presentation and Disclosure Requirements
  • IFRS for Small and Medium-sized Entities (SMEs)
  • Statement of Comprehensive Income

Module 3: Revenue Recognition under IFRS

  • Revenue Recognition Principles
  • Sale of Goods and Services
  • Construction Contracts
  • Interest, Royalties, and Dividends

Module 4: IFRS for Assets

  • Property, Plant, and Equipment (PPE)
  • Intangible Assets and Goodwill
  • Impairment of Assets
  • Investment Property

Module 5: IFRS for Liabilities

  • Recognition and Measurement of Liabilities
  • Provisions, Contingent Liabilities, and Contingent Assets
  • Borrowing Costs
  • Employee Benefits

Module 6: Financial Instruments under IFRS

  • Classification and Measurement
  • Impairment of Financial Assets
  • Hedge Accounting
  • Presentation and Disclosure

Module 7: Consolidation and Group Accounting

  • Control and Consolidation Principles
  • Equity Method of Accounting
  • Non-controlling Interests
  • Joint Arrangements

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Who should attend this International Financial Reporting Standards Training Course?

The International Financial Reporting Standards Training Course is tailored for anyone seeking to comply with or understand IFRS for their organisations. This course is especially advantageous for the following professionals:

  • Financial Accountants
  • Financial Analysts
  • Accounting Managers
  • Chief Financial Officers
  • Tax Professionals
  • Business Consultants
  • Finance Directors

Prerequisites of the International Financial Reporting Standards Training Course

There are no formal prerequisites for attending this International Financial Reporting Standards Training Course.

International Financial Reporting Standards Training Course Overview

IFRS represents a global accounting framework for consistent financial reporting, ensuring transparency and comparability in financial statements. IFRS is important for multinational corporations, simplifying financial reporting across borders, fostering investor confidence, and streamlining capital markets.

This training equips individuals with expertise in IFRS principles, enhancing their career prospects, job market competitiveness, and potential for international career opportunities. Organisations gain efficiency in financial reporting by facilitating cross-border transactions and attracting global investors, ultimately boosting their market presence and value. Completing the IFRS training opens doors to career growth, global financial roles like Financial Accountants, Chief Financial Officers, and positions of increased responsibility in multinational corporations and financial institutions.

The Knowledge Academy’s 1-day International Financial Reporting Standards Training Course provides delegates with a comprehensive understanding of the global accounting standards, which are essential for consistent and transparent financial reporting in today's international business landscape. They will learn to navigate complex financial reporting requirements, gain proficiency in IFRS principles and concepts, and explore practical applications in real-world scenarios.

Course Objectives

  • To attain knowledge of International Financial Reporting Standards
  • To enable how to apply IFRS principles in financial statement preparation
  • To develop skills in interpreting complex IFRS regulations and requirements
  • To facilitate the practical application of IFRS in various financial scenarios
  • To get equipped with the knowledge to enhance global financial transparency
  • To learn how to address international accounting and auditing challenges

After attending this training, delegates will be able to interpret and implement complex IFRS regulations and requirements effectively. They will also be able to address accounting and auditing challenges in the context of international business operations and enhance financial transparency and compliance in a global environment.

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What’s included in this International Financial Reporting Standards Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • International Financial Reporting Standards Certificate
  • Digital Delegate Pack

Why choose us

Our Mumbai venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Mumbai is situated within the West Coast of India, as well as it being the capital of Maharashtra, it plays an important part within the global economics system. Bombay as the city was previously known as, up until 1995 is also known as an alpha world city and has the largest number of millionaires and billionaires across India, with it therefor being noted as the wealthiest city in India. Mumbai is home to around 18.4 million people and is regarded as the second largest metropolitan population within India as of the record in 2011 with 20.7 million people. Schools and Colleges within Mumbai can be found within the city as well as the suburbs and are either run privately, by the government or the Brihanmumbai Municipal Corporation. Secondary schools are operated by the MCGM primary education system to which it is schooling around 485,531 students in 1,188 primary schools and around 55,576 students in 49 secondary schools within eight different languages these being English, Hindi, Urdu, Kannada, Marathi, Tamil, Gujarati and Telugu. Colleges offer students opportunities to participate within Junior college level, undergraduate level, BCom, BSc and BA courses. As stated by the 10+2+3/4 plan students complete ten years at school to then go on to a junior college and study either science, commerce or arts and they complete that over a two year period. University courses at a degree level are offered in a wide range of different subjects such as engineering, law, media, applied arts and architecture, management, dental, pharmacy as well as Commerce and Science. There are a few universities and colleges within Mumbai and these are the University Institute of Chemical Technology, Indian Institute of Technology (Bombay), SNDT Women’s University, Government Law college, Veermata Jijabai Technological Institute, Narsee Monejee Institute of Management Studies, Sir J. J. School of Art which is the oldest art institution within Mumbai along the Thadomal Shahani Engineering College which is also the oldest private engineering college and the first of its kind to join up with the University of Mumbai to be able to give students the chance to learn about the biomedical engineering, computer engineering, biotechnology and information technology. The University of Mumbai is regarded to be one of the premier universities within India with achievements such as being placed within the top 50 engineering schools of the world ranking at 41 by the American Business Insider within 2013 as well as excelling as the 3rd best multi-disciplinary university within the QS university rankings within India.   

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Address

Safal Institute 
613, Corporate Centre
Nirmal Lifestyles Mall
LBS Marg
Mulund (W)
Mumbai 400080

T: +91 8037244591

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led International Financial Reporting Standards Training Course in Mumbai. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's International Financial Reporting Standards Training Course in Mumbai, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's International Financial Reporting Standards Training Course in Mumbai. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led International Financial Reporting Standards Training Course in Mumbai sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

International Financial Reporting Standards Training Course in Mumbai FAQs

Please arrive at the venue at 8:45am.
We are able to provide support via phone & email prior to attending, during and after the course.
Delegate pack consisting of course notes and exercises, Manual, Experienced Instructor, and Refreshments
This course is [ ] day(s)
Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts
The training fees for International Financial Reporting Standards Training Coursein Mumbai starts from INR44995
The Knowledge Academy is the Leading global training provider for International Financial Reporting Standards Training Course.
Please see our Finance Courses courses available in Mumbai
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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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