Course Code:
ifrs
Duration:
16 hours
Prerequisites:
Training Approach:
✅ Refresher on foundational concepts for each topic
✅ Updates on relevant changes, regulations, and best practices
Overview:
Objective: Ensure familiarity with IFRS principles and their application, including updates to financial reporting standards.
Course Outline:
Module 1: IFRS Overview & Key Principles
- Conceptual framework of IFRS
- Differences between IFRS and local GAAP
- IFRS convergence & global adoption
Module 2: Core IFRS Standards Refresher
- IFRS 9: Financial Instruments
- IFRS 15: Revenue from Contracts with Customers
- IFRS 16: Leases
- IFRS 17: Insurance Contracts
Module 3: Financial Reporting Under IFRS
- Presentation of financial statements (IFRS 1 & IAS 1)
- Recognition, measurement, and disclosure requirements
- Consolidation & group reporting (IFRS 10, IFRS 11)
Module 4: Updates & Emerging Issues in IFRS
- Recent amendments to IFRS standards
- ESG and sustainability reporting trends
- IFRS adoption challenges & solutions