This 5-day intensive course provides a thorough understanding of International Financial Reporting Standards (IFRS) and their practical application. The course covers the structure and role of the International Accounting Standards Board (IASB), key IFRS principles, and detailed standards on assets, liabilities, revenue recognition, financial instruments, and group accounting. Participants will en
•Introduction to IFRS
•History and structure of IASB
•Global convergence of IFRS
•Purpose and rationale
•Core concepts and principles
•IAS 1: Presentation of Financial Statements
•IAS 7: Statement of Cash Flows
•IAS 16: Property, Plant, and Equipment
•IAS 38: Intangible Assets
•IAS 36: Impairment of Assets
•IAS 2: Inventories
•IAS 32: Presentation
•IFRS 9: Classification and Measurement
•IFRS 15: Revenue from Contracts with Customers
•IFRS 9: Impairment and Hedge Accounting
•IFRS 7: Disclosures
•IFRS 10: Consolidated Financial Statements
•IFRS 12: Disclosure of Interests in Other Entities
•IFRS 13: Fair Value Measurement
•IFRS 16: Leases
•IAS 19: Employee Benefits
•IAS 37: Provisions, Contingent Liabilities, and Contingent Assets
•IFRS 1: First-time Adoption of IFRS
•IFRS 8: Operating Segments
•IAS 24: Related Party Disclosures
•Application of learned concepts
•Real-world scenarios and problem-solving