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International Finance Reporting Standards

Course

In Bedfordshire ()

Price on request

Description

  • Type

    Course

This course provides practical guide and updates on recent International Financial Reporting Standards (IFRS). Financial accountants and senior managers will find it helpful in updating their knowledge in ways to apply some of the financial standards when preparing their organisation's financial statements. Read more Read less International Financial Reporting standards (IFRS) for Accounting Managers is designed to assist organisations and their managers in countries where IFRS has been adopted or planned to be adopted, understand the application, requirements and implementation of the standards as required by the International Accounting Standard Board (IASB). The course is a 3-day programme that provides the necessary skills required for a smooth transition from local accounting standards to IFRS.  Many countries around the world have adopted the IFRS and their public companies are also required to present their financial statements in accordance with the specified treatment of some accounting issues. Good knowledge of these treatments is therefore necessary in correctly reporting their financial activities as prescribed in the standards.

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Subjects

  • Financial Reporting
  • IFRS
  • International
  • Finance
  • Financial
  • Financial Training

Course programme

What you will learn
  • Up to date understanding of IFRS applications that are relevant to your company
  • Accelerated understanding of differences in local accounting standards and IFRS
  • Confidence in preparing financial statements in line with the requirements of the international standards.

Core content
  • IFRS application for First-Time Adoption
  • Financial Instruments; Disclosure of Interests in Other Entities
  • Joint Arrangements; Consolidating an Associate; Separate Financial Statements; Consolidated Financial Statements; Business Combinations
  • Presentation of Measurement Currencies; Income taxes; Employee benefits; Share-based payment
  • Exploration for and evaluation of mineral resources
  • Accounting policies, accounting estimates and errors; Presentation of financial statements; Financial Statements Disclosures; Revenue recognition
  • IFRS for insurance companies.
Pre course activity
  • Participants will be required to review their local accounting standards and company practice in the treatment of the topics
  • This may involve bringing copies of their past financial statements.
Post course activity
  • Updates on your company’s IFRS applications may be required.

International Finance Reporting Standards

Price on request