International Financial Reporting Standards

Programme Objectives

We offer a variety of programmes in the area of International Financial Reporting Standards.
These courses are case study based and aim to ensure that participants can understand the implications of IFRS in their businesses

Target Audience

These courses are tailored for participants who wish to understand the nature, scope and impact of IFRS.

Programme Content

Introduction to IFRS
·         Framework for the Preparation and Presentation of Financial Statements
·         IFRS 1First-time adoption of IFRS
·         IAS 1Presentation of financial statements
·         IAS 8 Accounting policies, changes in accounting estimates and errors
·         IAS 10 Events after the reporting period
·         IAS 24 Related party disclosures
·         IAS 33Earnings per share
·         IFRS 8 Operating segments
·         IFRS 5 Discontinued operations
·         IAS 18 Revenue
·         IAS 11 Long Term Contracts
·         IAS 12 Income Taxes

Accounting for Assets
·         IAS 2 Inventories
·         IAS 16 Property, plant and equipment
·         IAS 20 Government Grants
·         IAS 23 Borrowing costs
·         IAS 40 Investment property
·         IAS 38 Intangible assets
·         IAS 36 Impairment of assets
·         IAS 41 Agriculture

Accounting for Liabilities
·         IAS 19 Employee benefits
·         IAS 37 Provisions, contingent liabilities and contingent assets
·         IFRS 2 Share-based payment
·         IAS 17, Leases

Financial Instruments
·         IAS 39 and IAS 32 Financial assets and liabilities
·         IFRS 9 Replacing IAS 39

Accounting for Business Combinations
·         Business Combinations, Consolidations, Associates & Joint Ventures
·         IAS 7 Statement of cash flows
·         Business combinations (IFRS 3,IAS 27,28,31)
·         IAS 21 Effects of Changes in Foreign Exchange Rates