Learning Objective
Understand the Accounting Standards that are universally adopted and their impact on the reporting of Financial Statements.
Course Description
Issued by the International Accounting Standards Board (IASB), International Financial Reporting Standards (IFRS) bring consistency, reliability, and efficiency to businesses and their financial statements.
This course gives participants the skills to understand accounting and financial reporting by learning about the fundamental principles of IFRS, having an overview of IFRS definitions and concepts, and being up to date with the latest standards and modifications.
Who Should Attend
Accounting and Finance Professionals, Bankers, Auditors, and Individuals Involved in or Wanting to Learn About IFRS Implementation and Analysis.
Details
- Date December 14-18, 2020
- Duration 5 Days
- Location Dubai > UAE
- Program Level Intermediate
- CPE Credit 35 CPEs
- Certificate of Completion
Bilal Sidani
Training Advisor
Marwan Abdul Hak
Training Advisor
- Fundamental Principles of IFRS
- Definitions & Concepts
- History of IFRS & Purpose
- Differences Between IFRS and Other Countries’ Generally Accepted Accounting
- Principles (GAAP)
- The IFRS Standards
- IFRS 1 First-time Adoption of International Financial Reporting Standards
- IFRS 2 Share-based Payment
- IFRS 3 Business Combinations
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IFRS 4 Insurance Contracts
- IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
- IFRS 6 Exploration for and Evaluation of Mineral Resources
- IFRS 7 Financial Instruments: Disclosures
- IFRS 8 Operating Segments
- IFRS 9 Financial Instruments
- IFRS 10 Consolidated Financial Statements
- IFRS 11 Joint Arrangements
- IFRS 12 Disclosure of Interests in Other Entities
- IFRS 13 Fair Value Measurement
- IFRS 14 Regulatory Deferral Accounts
- IFRS 15 Revenue from Contracts with Customers
- IFRS 16 Leases
- IFRS 17 Insurance Contracts
- IAS 1 Presentation of Financial Statements
- IAS 2 Inventories
- IAS 7 Statement of Cash Flows
- IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
- IAS 10 Events after the Reporting Period
- IAS 11 Construction Contracts
- IAS 12 Income Taxes
- IAS 16 Property, Plant and Equipment
- IAS 17 Leases
- IAS 18 Revenue
- IAS 19 Employee Benefits
- IAS 20 Accounting for Government Grants and Disclosure of Government Assistance
- IAS 21 The Effects of Changes in Foreign Exchange Rates
- IAS 23 Borrowing Costs
- IAS 24 Related Party Disclosures
- IAS 26 Accounting and Reporting by Retirement Benefit Plans
- IAS 27 Separate Financial Statements
- IAS 28 Investments in Associates and Joint Ventures
- IAS 29 Financial Reporting in Hyperinflationary Economies
- IAS 32 Financial Instruments: Presentation
- IAS 33 Earnings per Share
- IAS 34 Interim Financial Reporting
- IAS 36 Impairment of Assets
- IAS 37 Provisions, Contingent Liabilities and Contingent Assets
- IAS 38 Intangible Assets
- IAS 39 Financial Instruments: Recognition and Measurement
- IAS 40 Investment Property
- IAS 41 Agriculture
- Key Elements of Financial Reporting
- Presentation and Preparation of Financial Statements
- How to Transform from Existing Accounting Standards to IFRS
