International Financial Reporting Standards Training Course Overview

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

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Why choose us

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. 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.

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Live classes

Join a scheduled class with a live instructor and other delegates.

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Interactive

Engage in activities, and communicate with your trainer and peers.

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Global Pool of the Best Trainers

We handpick from a global pool of expert trainers for our Online Instructor-led courses.

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Expertise

With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.

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Global Reach

With classes running in all timezones, access any of our courses and course material from anywhere, anytime.

Unlock your potential with The Knowledge Academy's International Financial Reporting Standards Training Course, 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.

What our customers are saying

International Financial Reporting Standards Training Course 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 the United States starts from $1295
The Knowledge Academy is the Leading global training provider for International Financial Reporting Standards Training Course.
Please see our Finance Courses courses available in the United States
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Why choose us

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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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