An Intensive 5-day Training Course
Advanced International Financial Reporting Standards (IFRS)
Comprehending Global Financial Reporting and Compliance
CLASSROOM DATES
INTRODUCTION
The Advanced International Financial Reporting Standards (IFRS) Training Course is designed for professionals seeking a deeper understanding of IFRS and its practical application across industries. As the most widely adopted financial reporting standards globally, IFRS plays a critical role in ensuring transparency, consistency, and comparability in financial reporting. This updated IFRS Training Course reflects the latest amendments effective January 1, 2024, 2025, 2026 & 2027, offering an in-depth exploration of advanced IFRS topics, focusing on complex standards and industry-specific applications in sectors such as oil & gas, banking, and aviation.
Participants will gain practical insights into implementing and complying with IFRS requirements, understand the recently issued IFRS 18 Presentation and Disclosures in Financial Statements effective January 2027 and Sustainability Standards. The training is tailored for those with prior IFRS knowledge, either through an introductory course or substantial hands-on experience with IFRS-compliant financial statements.
This Advanced International Financial Reporting Standards (IFRS) training course will emphasize:
- Application of newly released standards, including IFRS 18 and IFRS S1 & S2.
- The application of advanced IFRS standards in specific industries.
- Disclosure and accounting requirements for group financial statements.
- Practical strategies for implementing complex IFRS requirements.
TRAINING OBJECTIVES
By completing this Advanced IFRS Course, participants will:
- Gain a comprehensive understanding of recent updates, including IFRS 18 and sustainability-related disclosures.
- Learn the practical application of complex IFRS standards across various industries.
- Develop expertise in the disclosure and reporting requirements for group financial statements.
- Understand the implications of IFRS for industry-specific financial reporting challenges.
- Enhance analytical skills for interpreting and applying IFRS standards effectively
WHO SHOULD ATTEND?
This IFRS Training Course is ideal for professionals who have attended an introductory IFRS training or have substantial experience working with IFRS-compliant financial statements, including:
- Accounting Professionals and Financial Executives
- Auditors and Financial Analysts
- Bankers and Investment Bankers
- Professionals Involved in Preparing, Presenting, or Analyzing IFRS-Based Financial Statements
TRAINING METHODOLOGY
This EuroMaTech training course employs an interactive approach to learning, featuring:
- Clear explanations of IASB technical requirements in a practical, accessible format
- A review of the rationale and objectives behind IFRS standards
- Analysis and evaluation of case studies, examples, and exercises illustrating the application of standards
- Exploration of real-life examples and current issues to reinforce practical understanding
- Encouraged active participation and discussions to facilitate deeper learning
TRAINING SUMMARY
This Advanced International Financial Reporting Standards (IFRS) Training Course equips participants with the knowledge and skills to navigate the complexities of global accounting standards. Participants will gain valuable insights into the evolution of IFRS, current developments such as amendments to IFRS 16 and IAS 1, and future trends. By mastering advanced IFRS concepts, terminology, and applications, participants will enhance their ability to contribute strategically to their organizations' adoption and utilization of these standards.
Key takeaways include:
- Enhanced understanding of the latest IFRS updates and their practical implications.
- Knowledge of industry-specific IFRS applications.
- Improved analytical and problem-solving skills in financial reporting.
- The ability to contribute effectively to IFRS compliance and reporting processes within organizations.
This EuroMaTech training empowers professionals to remain at the forefront of financial reporting, ensuring organizational alignment with global standards and best practices (View More Finance & Budgeting Training Courses)
TRAINING OUTLINE
Day 1: Overview of IFRS Framework and Recent Updates
- Introduction to IFRS
- The Global Significance of IFRS in Financial Reporting.
- Objectives and Fundamental Principles of the IFRS Framework
- Recent Amendments and Updates (Effective January 1, 2024, 2025, 2026 & 2027)
- IFRS 18: Presentation and Disclosure in Financial Statements, Effective January 2027.
Day 2: Financial Instruments and Revenue Recognition
- IFRS 9 – Financial Instruments
- Overview of Classification, Measurement, and Impairment.
- Hedging Strategies and Accounting Treatment.
- IFRS 15 – Revenue from Contracts with Customers
- Revenue Recognition Principles.
- Application Across Various Industries
- Future Amendments
- Updates on Classification and Measurement of Financial Instruments (Effective January 1, 2026)
Day 3: Leases and Consolidation
- IFRS 16 – Leases
- Identification of Lease Contracts.
- Lessee and Lessor Accounting.
- Impact of Sale and Leaseback Transactions Under the Latest Amendments.
- Effective January 2024 - Lease Liability in a Sale and Leaseback – Amendments to IFRS 16 Leases
- IFRS 10 – Consolidated Financial Statements
- Principles of Control.
- Consolidation Procedures and Special-Purpose Entities.
Day 4: Industry-Specific Applications
- Oil & Gas Industry
- Revenue Recognition and Asset Valuation.
- Specific Disclosure Requirements.
- Banking Sector
- Loan Impairment and Provisioning.
- IFRS 9’s Impact on Financial Institutions.
- Aviation Industry
- Accounting for Leasing Agreements and Aircraft Acquisitions.
- Revenue Recognition Challenges.
Day 5: Emerging Trends and Future Developments
- Sustainability Reporting
- Introduction to IFRS S1 and IFRS S2 (Sustainability-Related Financial Disclosures).
- Integration of Sustainability Metrics in Financial Reporting.
- Upcoming Standards
- IFRS 19: Subsidiaries Without Public Accountability (Simplified Disclosures).
- Future Projects and Direction of IFRS Standard-Setting.
- Panel Discussion
- Insights into Practical Challenges and Solutions.
- Preparing for Future Changes in Financial Reporting Standards.
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ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us info@euromatech.com
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at inhouse@euromatech.com
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
