London Corporate Training

International Financial Reporting Standards (IFRS)

4.7 excellent 5 opinions
London Corporate Training
In London
  • London Corporate Training

£2,850
+ VAT
PREMIUM COURSE
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Important information

Typology Short course
Level Intermediate
Location London
Duration 1 Week
Start April
other dates
  • Short course
  • Intermediate
  • London
  • Duration:
    1 Week
  • Start:
    April
    other dates
Description

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 (1)
Where and when
Starts Location
April
August
London
3 Shortlands, Hammersmith, London, W6 8DA, London, England
See map
Starts April
August
Location
London
3 Shortlands, Hammersmith, London, W6 8DA, London, England
See map

To take into account

· Who is it intended for?

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.

Questions & Answers

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Opinions

4.5
excellent
Course rating
100%
Recommended
4.7
excellent
Centre rating

Reviews on this course

O
Olugbemga Omilowu
5.0 10/11/2016
What I would highlight: 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.
What could be improved: Everything was OK
Would you recommend this course?: Yes
Did this opinion help you? Yes (0)
O
Olusanya Titilayo Yetunde
4.0 18/08/2016
What I would highlight: Anyone needing to enhance an area of their profession should consider training with LCT. Keep up the good work
What could be improved: .
Would you recommend this course?: Yes
Did this opinion help you? Yes (0)
S
Solomon Okornoe Tetteh
5.0 20/05/2016
What I would highlight: 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.
What could be improved: Everything was OK
Would you recommend this course?: Yes
Did this opinion help you? Yes (0)
F
Former Student
5.0 12/07/2015
What I would highlight: The experience was so educational and has shapened my whole understanding of Accounting in the contemporary world – especially as it relates to International Financial Reporting Standards. Looking forward to returning for more training with LCT.
What could be improved: .
Would you recommend this course?: Yes
Did this opinion help you? Yes (0)
T
Timothy K.O.
4.5 18/06/2013
What I would highlight: Great reception and hospitality. Excellent trainers and good customer service. The training really was outstanding.
What could be improved: Nothing
Would you recommend this course?: Yes
Did this opinion help you? Yes (0)
Reviews gathered by Emagister & iAgora

Achievements for this centre

2017

How do you get the CUM LAUDE seal?

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 11 years

What you'll learn on the course

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