International Financial Reporting Standards - Certification

Overview of the IFRS Training Course

IFRS Training Course offers a comprehensive introduction and updates to the field of International Financial Reporting and International Financial Reporting Standards, tracing the history of the International Accounting Standards Board (IASB) from its early roots through to the recent changes and future developments.

Structured in a readable and user-friendly format, the course distills key information into easy-to-digest bullet points, provides useful summaries, and examines, topic-by-topic, specific standards. Frequently asked questions and answers expand on the covered issues; case studies are based on real-life examples.

Exercises, multiple-choice questions, and sample answers are available to test your knowledge. They will guide you as you progress through the course and help you achieve the IFRS Certification.

Primary course objectives:

• To help you understand how International Financial Reporting Standards (IFRS) are used around the world

• To explain the workings of the IFRSF/IASB and how these are being changed

• To examine the fundamental requirements of IFRS on a standard-by-standard basis for the benefit of preparers, auditors and users of financial statements

• To provide guidance on how to use IFRS in practice with the aid of questions, cases, and exercises

• To explain the fundamentals of IFRS qualification

On completion of the IFRS Course, candidates should be able to:

• Understand and explain the structure of the framework of international accounting

• Apply relevant financial reporting standards to key elements of financial reports

• Identify and apply disclosure requirements for companies in financial reports and notes

• Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint ventures.