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 Cincinnati 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.

Cincinnati is a city in the state of Ohio. It is the third largest city in the state and the 65th largest city in the United States. It has an estimated population of around 297,000 people. Education in the USA is provided by both public and private schools, and is mandatory until the age of 16.  Pupils conducting their schooling within the USA start off at preschool, followed by elementary school, then middle school, before finishing at high school.  At age 18, US citizens are able to engage in higher education.  Higher education in the USA normally comes in the form of a college, undergraduate school, or a community college – that latter of which doesn’t normally cost anything to attend.  Candidates participating in a course at a college will gain credits towards a bachelor’s degree, whilst candidates participating a course at a community college will be earning credits in order to achieve an associate’s degree. The public school system in Cincinnati is over seen by the Cincinnati Public School District. The district includes 16 high schools. It is the third largest school district in Ohio and is rated as “effective” by the state. Cincinnati is the home to the first public Montessori school. Montessori is an educational approach that encourages independence in learning. The highest rated Cincinnati public school is the Walnut Hills High School which was ranked 34th in the country on a list of the best public schools. The University of Cincinnati which was founded in 1819, is one of the 50 largest in the United States. The university is one of the country’s top graduate research facilitates in engineering, music, architecture, archaeology and psychology. It is one of the top 550 universities in the world. At The Knowledge Academy we offer over 50,000 classroom based training courses in the United States, including popular locations such as Cincinnati.

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Address

35 West 5th Street

Cincinnati,

OH 45202,

United States

T: +1 7204454674

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 Cincinnati. 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 Cincinnati, 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.

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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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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What our customers are saying

International Financial Reporting Standards Training Course in Cincinnati 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 Cincinnati 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 Cincinnati
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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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