international financial reporting standards

International Financial Reporting Standards (IFRS)

A specialized course on understanding and applying International Financial Reporting Standards (IFRS) for global financial reporting compliance.

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Who Should Attend?​

This programme is ideal for General Managers, Finance Directors, Taxation Directors, Financial Controllers, Treasury Managers, Taxation Managers, Treasurers, Finance Managers, Account Managers, Treasury Analysts, Taxation Specialists, Financial and Management Accountants, Auditors, Financial Analysts, Accounts Supervisors and Accounts Superintendents.

Benefits of Attending​

By attending this programme, participants will gain a thorough understanding of IFRS principles, learn to apply standards to financial reporting, and ensure compliance with international accounting regulations. The course empowers attendees to enhance reporting accuracy, transparency, and global comparability.

Learning Objectives

The course focuses on teaching participants the key IFRS standards, including revenue recognition, leases, financial instruments, and fair value measurement. Attendees will learn how to prepare financial statements that meet IFRS requirements and align with global practices.

By the end of the programme participants will:

  • Define the process of transitioning to IFRS and identify the first time adoption exemption and exceptions relevant to an organization
  • Explain how the recognition and measurement principles of the IASB’s Framework apply within each accounting standard
  • Apply the requirements of the standards to prepare IFRS compliant financial statements, including the determination of appropriate accounting policies and identification of necessary disclosures
  • List the standards that require or permit the use of fair value measurement, identify how fair value is measured and specify where the fair value changes are recognized
  • Understand the key differences between IFRS and local accounting standards (such as US GAAP) and how to address those differences during reporting.
  • Gain practical experience in applying IFRS to real-world financial scenarios, ensuring accurate financial reporting and compliance with international standards.

DAY 1

Introduction to IFRS and Financial Statement Presentation

    • Introduction to IFRS and Conceptual Framework
    • Fair Value Measurement (IFRS 13)
    • Financial Statement Presentation (IAS 1)
      • Including the 2011 amendments
      • Statement of Cash Flows (IAS 7)
      • Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)
      • Events After the Reporting Period (IAS 10) 

DAY 2

Financial Statements, Revenue Recognition, and Assets

    • Continuation of Financial Statement Presentation (IAS 1)
      • Related Party Disclosures (IAS 24)
      • Earnings per Share (IAS 33)
      • Operating Segments (IFRS 8)
      • Discontinued Operations (IFRS 5)
    • Revenue Recognition
      • Revenue Standards (IAS 18, IAS 11, IFRIC 13, 15, and 18)
    • Assets
      • Inventories (IAS 2)
      • Property, Plant, and Equipment (IAS 16)
      • Borrowing Costs (IAS 23)
      • Investment Property (IAS 40)
      • Intangible Assets (IAS 38)
      • Impairment of Assets (IAS 36)

DAY 3

Liabilities, Leases, and Financial Instruments

    • Liabilities
      • Employee Benefits (IAS 19) (including the 2011 amendments)
      • Provisions, Contingent Liabilities, and Contingent Assets (IAS 37)
      • Share-Based Payment (IFRS 2)
    • Leases
      • Lease Accounting (IAS 17, IFRIC 4, and SIC 15)
    • Financial Instruments
      • Financial Assets and Liabilities (IAS 39 and IAS 32)
      • Financial Instrument Disclosures (IFRS 7)
      • Replacement of IAS 39 with IFRS 9

DAY 4

Business Combinations, Consolidation, and Taxation

    • Business Combinations and Consolidated Financial Statements
      • Business Combinations (IFRS 3)
      • Consolidated Financial Statements (IFRS 10)
      • Investments in Associates and Joint Ventures (IAS 28)
      • Joint Arrangements (IFRS 11)
      • Disclosure of Interests in Other Entities (IFRS 12)
    • Foreign Exchange Transactions
      • Effects of Changes in Foreign Exchange Rates (IAS 21)
    • Income Taxes
      • Income Tax Accounting (IAS 12)

DAY 5

Interim Reporting, IFRS Transition, and Future Developments

    • Interim Financial Reporting (IAS 34)
    • Transitioning to IFRS
      • First-Time Adoption of IFRS (IFRS 1)
    • Future IFRS Developments
      • Update on the IASB-FASB Convergence Project
      • Current Exposure Drafts
      • IASB Work Plan

Upcoming Courses

Date Location Price   
january 13 - january 17 2025Nairobi, kenya £4,685.00 Book Now
february 17 - february 21 2025Kuala Lumpur, malaysia £4,685.00 Book Now
march 24 - march 28 2025Addis Ababa, ethiopia £4,685.00 Book Now
april 07 - april 11 2025Dubai, UAE £4,685.00 Book Now
july 14 - july 18 2025Kuala Lumpur, malaysia £4,685.00 Book Now
august 18 - august 22 2025Kuala Lumpur, malaysia £4,685.00 Book Now
september 08 - september 12 2025Addis Ababa, ethiopia £4,685.00 Book Now
september 29 - october 03 2025Dubai, UAE £4,685.00 Book Now
january 12 - january 16 2026Nairobi, kenya £4,685.00 Book Now
february 23 - february 27 2026Kuala Lumpur, malaysia £4,685.00 Book Now
march 23 - march 27 2026Addis Ababa, ethiopia £4,685.00 Book Now
april 06 - april 10 2026Dubai, UAE £4,685.00 Book Now
july 13 - july 17 2026Kuala Lumpur, malaysia £4,685.00 Book Now
august 17 - august 21 2026Kuala Lumpur, malaysia £4,685.00 Book Now
september 07 - september 11 2026Addis Ababa, ethiopia £4,685.00 Book Now
september 28 - october 02 2026Dubai, UAE £4,685.00 Book Now
january 13 - january 17 2025
Nairobi, kenya
£4,685.00
february 17 - february 21 2025
Kuala Lumpur, malaysia
£4,685.00
march 24 - march 28 2025
Addis Ababa, ethiopia
£4,685.00
april 07 - april 11 2025
Dubai, UAE
£4,685.00
july 14 - july 18 2025
Kuala Lumpur, malaysia
£4,685.00
august 18 - august 22 2025
Kuala Lumpur, malaysia
£4,685.00
september 08 - september 12 2025
Addis Ababa, ethiopia
£4,685.00
september 29 - october 03 2025
Dubai, UAE
£4,685.00
january 12 - january 16 2026
Nairobi, kenya
£4,685.00
february 23 - february 27 2026
Kuala Lumpur, malaysia
£4,685.00
march 23 - march 27 2026
Addis Ababa, ethiopia
£4,685.00
april 06 - april 10 2026
Dubai, UAE
£4,685.00
july 13 - july 17 2026
Kuala Lumpur, malaysia
£4,685.00
august 17 - august 21 2026
Kuala Lumpur, malaysia
£4,685.00
september 07 - september 11 2026
Addis Ababa, ethiopia
£4,685.00
september 28 - october 02 2026
Dubai, UAE
£4,685.00

Learn More about this course

Business Case

Adopting IFRS ensures global comparability and transparency in financial reporting. This course helps organizations improve compliance, enhance stakeholder trust, and compete effectively in international markets, driving financial integrity and growth.
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Management Training & Consultancy Limited

Management Training & Consultancy Limited is a member of MTCTCL Consulting Group Limited. MTC Ltd was established as a management training centre specialising in providing open course and in-house training, tailored to help clients achieve enhanced performance from selected staff and managers to contribute to the achievement of their organisation’s goals.
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