Course Objectives

• This Course Objective Hasn't Been Provided Yet

Target Audience

If you are a professional accountant or auditor seeking to enhance your international accounting knowledge then this is the qualification for you. You do not need to have any experience or formal qualifications in accounting and auditing to apply for this certificate.

The nature and operations of the International Accounting Standards Board (IASB)

• The origins of the IASB
• The structure of the IFRS Foundation
• IASs and IFRSs that are currently in issue
• The conceptual framework for financial reporting
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The status and use of IFRSs around the world

• A brief summary of the adoption of IFRS in different jurisdictions
• The growth of IASB and IFRS standards
• IFRS standards and small and medium-sized entities
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Presentation and profit

• IAS 1, presentation of financial statements
• IFRS 15, revenue from contracts with customers
• IAS 8, accounting policies, changes in accounting estimates and errors

Accounting for assets and liabilities - part 1

• IAS 16, property, plant and equipment
• IAS 38, intangible assets
• IAS 40, investment property
• IAS 36, impairment of assets
• IAS 23, borrowing costs
• IAS 20, accounting for government grants and disclosure of government assistance
• IAS 2, inventories
• IFRS 16, leases
• IFRS 5, non-current assets held for sale and discontinued operations

Accounting for assets and liabilities - part 2

• IFRS 13, fair value measurement
• IFRS 32, financial instruments - presentation
• IFRS 9, financial instruments
• IFRS 7, financial instruments: disclosures
• IAS 37, provisions, contingent liabilities and contingent assets
• IAS 10, events after the reporting period
• IAS 19, employee benefits
• IAS 12, income taxes
• IFRS 2, share-based payment
• IAS 41, agriculture
• IFRS 6, exploration for and evaluation of mineral resources

Group accounting

• IFRS 10, consolidated financial statements
• IAS 27 (revised 2011), separate financial statements
• IFRS 3, business combinations
• IAS 28 (revised 2011), investments in associates and joint ventures
• IFRS 11, joint arrangements
• IFRS 12, disclosure of interests in other entities
• IAS 21, the effects of changes in foreign exchange rates
• IAS 29, financial reporting in hyperinflationary economies

Disclosure standards

• IAS 7, statement of cash flows
• IAS 24, related party disclosures
• IAS 33, earnings per share
• IAS 34, interim financial reporting
• IFRS 4, insurance contracts
• IFRS 1, first time adoption of IFRS
• IFRS 8, operating segments
• Principal differences between UK/US GAAP and IFRS
• Current issues in IFRS standards

This course hasn't been scheduled yet, however you can request for In-House training