IFRS (International Financial Reporting Standards)

COURSE OVERVIEW

IFRS (International Financial Reporting Standards) is now globally accepted as the basis for financial reporting for private and public business
enterprises and the banking sector. It is essential that financial professionals develop new skill sets
to effectively implement the standards and principles and keep abreast of current developments in
financial reporting. The course is intended as a comprehensive overview of International Financial
Reporting Standards. The course develops key skills competencies through the application of sound
theoretical content within a practical, real-life inspired case-study based environment.

Target Audience

• Accounting Managers and Officers.
• Auditors.
• Finance managers.
• Senior managers.

COURSE CODE (360 IFRS)

COURSE OUTCOMES

Upon completion participants will be able you to:
 Learn the requirements for presentation of IFRS financial statements and related
disclosures
 Understand IFRS reporting requirements, concepts and importance.
 Learn the sources of IFRS guidance that are available.
 Apply IFR standards to ensure improved accountability via providing a complete and
accurate view of an entities operations and performance
 Apply local, legal, and regulatory requirements as required by International Financial Reporting Standards.
 Improve overall management and planning via the application of more precise estimates of
income and expenditure and effective usage of assets and liabilities
 Increase planning opportunities through awareness of likely future IFRS changes
 Implement IFRS recognition and measurement rules for assets, liabilities, revenues and
expenses
 Put theory into practice with real-world financial reports to compare and contrast along
with case studies and exercises.