International Financial Reporting Standards (IFRS)

INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)
Program Duration – 5 Days

Programme Objectives

To provide an extensive, detailed and critical knowledge and the skills required by financial services professionals to allow them to understand the content of all major IASB standards and the main differences between IFRS and other major accounting systems such as GAAP.

1. Understand the content of all major IASB standards
2. Appreciate how the standards fit together and to learn how to resolve apparent conflicts
3. Apply IFRS to practical accounting problems
4. Anticipate imminent changes to the requirements of IFRS
5. Understand the main differences between IFRS and other major accounting systems such as GAAP

Target Group
• Accounting & Finance Executives Financial/Business analysts
• Senior Bank Managers Financial advisers
• Corporate Affairs Managers Public Affairs Managers
• Corporate Finance Officers senior internal Audit Staff
• Risk Managers

Programme content
1. The nature and operations of the IASB
2. The status and use of IFRS around the world
3. Presentation and profit
4. Asset recognition and measurement
5. Accounting for liabilities
6. Group accounting
7. Disclosure standards

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