International Financial Reporting Standards (IFRS)
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Highly impressed with the quality of presentations and the highlighting of key actions to implement adoption of IFRS successfully. Highly resourceful materials presented by experienced and knowledgeable trainers/instructors.
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Anyone needing to enhance an area of their profession should consider training with LCT. Keep up the good work
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The course registration process was excellent. Course content was practical and easy to understand. Scenarios specific to my business were covered. I can confidently go back home and apply the standards effectively.
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Short course
In London
Apply the latest standards for the private sector and selected parts of the public sector!
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Type
Short course
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Level
Intermediate
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Location
London
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Duration
1 Week
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Start date
August
other dates
Learn to interpret and apply the latest standards for the private sector and selected parts of the public sector with this International Financial Reporting Standards (IFRS) Course imparted by London Corporate Training.
The goal of this training is to teach delegates to describe the role, benefits and purpose of IFRS, to engage with all key stakeholders, to ensure compliance with financial reporting obligations and to identify the steps in implementing the standards.
Interested on being part of this experience? Ask for further details about this course through emagister.co.uk.
Facilities
Location
Start date
Start date
About this course
Managers and executives from all sectors, particularly those using or planning to use IFRS and want to know acquire the tools needed to understand and apply the standards: • Those who are new appointed into a senior financial role and want to find their way around the key standards • Those who work in the private sector who are looking for best practice application of IFRS • Those who work in parts of the public sector who are or will be using IFRS • Financial planning practitioners who want to update their skills and knowledge • Those who are for the first-time adoption of the standards • Financial analysts, auditors, accountants • Audit team members who need to update their knowledge.
Reviews
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Highly impressed with the quality of presentations and the highlighting of key actions to implement adoption of IFRS successfully. Highly resourceful materials presented by experienced and knowledgeable trainers/instructors.
← | →
-
Anyone needing to enhance an area of their profession should consider training with LCT. Keep up the good work
← | →
-
The course registration process was excellent. Course content was practical and easy to understand. Scenarios specific to my business were covered. I can confidently go back home and apply the standards effectively.
← | →
Course rating
Recommended
Centre rating
Olugbemga Omilowu
Olusanya Titilayo Yetunde
Solomon Okornoe Tetteh
Former Student
Timothy K.O.
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 15 years
Subjects
- Financial Training
- Financial
- Benefits
- International
- Private
- Project
- Public
- Financial Reporting
- Stakeholders
- Financial Standard
- IPSAS
- IFRS
- Accounting
- Communication
- IAS
- Financial statements
- Cash Flows
- GAAP
Course programme
Private and Public Standards - how they have Evolved
- The background and evolution of financial standards around the world
- International Financial Standards for
- Private and Public Sectors compared
- Underlying financial and accounting principle
- Benefits to the organisations and investors
- Application of standards world-wide
IPSAS and IFRS Convergence
- IPSAS and IFRS – Board structures of Governing Bodies and Due Process
- IPSAS and IFRS – similarities and differences summarised
- Budgeting in the Private and Public Sectors compared
- Disclosure and transparency aspects
- Accounting issues covered by IFRS with no equivalent IPSAS?
IPSAS and IFRS Effective Implementation and Benefits
- Planning for transition and implementation – identification of key issues
- Choosing your approach –“Big Bang” or phased
- Scoping the project
- Project team structure and roles
- Milestone planning Managing issues and communication
- Critical success factors
Preparation of IFRS / IAS Compliant Financial Statements
- Disclosure requirements and issues
- Statement of Profit or Loss –example and comments
- Statement of Financial Positions– example and comments
- Statement of Cash flows– example and comments
- Notes to the accounts
- Comparison with US GAAP
Working towards First Time Adoption of IFRS (IFRS 1)
- Critical Success Factors (CSF) in implementing IFRS
- Overview of the most important features of IFRS 1
- Engaging key stakeholders
- The opening IFRS statement of financial position
- Effective project management
International Financial Reporting Standards (IFRS)