An Intensive 3-day Training Course
Key International Financial Reporting Standards
INTRODUCTION
International Financial Reporting Standards (IFRS) have been adopted by more than one hundred & forty countries and are the most widely used financial reporting standards in the world.
This online EuroMaTech training course looks in far more depth at the accounting standards and those that are not covered in more basic programmes. EuroMaTech has an introductory programme on IFRS and it is recommended (although not mandatory) that those attending this programme have either attended the introductory programme or have a good working knowledge of IFRS that covers the basic elements.
This EuroMaTech online training course will look in more depth at practical application of IFRS in many industry sectors with particular prominence given to the oil & gas, banking and airline industries. Finally, this programme acts as an update and looks at recently released standards that will impact in future periods and also looks at current IASB projects.
TRAINING OBJECTIVES
Program Objectives
As a result of completing this EuroMaTech online training course, all participants will improve their knowledge, understanding and analytical skills of IFRS, with the following benefits:
- Understanding the newly issued standards, along with IASB projects, and how they will impact on the financial statements
- Understanding the practical implementation of the more complex standards
- Understanding the disclosure and accounting requirements in financial reporting of a group of companies
- Understanding practical implications of using IFRS in specific industries
WHO SHOULD ATTEND?
This advanced EuroMaTech online training course, designed for those that have attended the introductory IFRS programme or who have been working with financial statements produced under IFRS for a significant time, would suit the following:
- Accounting professionals
- Financial executives
- Auditors
- Financial analysts
- Bankers
- Investment bankers
The Advanced International Financial Reporting Standards (IFRS) online training course is also beneficial for professionals involved in the preparation, presentation, implementation or analysis of financial statements prepared in accordance with IFRS.
TRAINING METHODOLOGY
This interactive online EuroMaTech training course will present an explanation of all IASB technical requirements in a clear, practical format, including an overall review of the rationale and objectives for all IASB standards that are included in the programme.
In addition, active participation by all participants by using following blended learning techniques for an engaging online delivery of this course:
- Interactive course delivery through live virtual training room
- Whiteboards & screen sharing
- PowerPoint presentations
- Case Studies, exercises, problem solving
- Infographics and videos
TRAINING SUMMARY
This comprehensive accounting standards online EuroMaTech training course will enable each participant to appreciate and understand the basics and certain complexities associated with international accounting standards along with topic terminology, concepts and applications.
In gaining a perspective of the origins of IFRS, the accomplishments, to date, in the development and acceptance of global accounting standards and insights into the foreseeable future, participants will gain a valuable understanding of this critical field of knowledge and be capable of contributing meaningful assistance to their respective organizations with respect to the adoption and utilization of these accounting standards.
TRAINING OUTLINE
Day 1: - IFRS Overview and Specific Technical Standards
- Overview of IFRS principles and concepts
- The latest on world adoption of IFRS
- IAS 1 – Presentation of Financial Statements
- IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors
- IAS 12 – Income Taxes
- IAS 19- Employee Benefits
- IAS 33 – Earnings per Share
- IAS 34 – Interim Financial Reporting
Day 2: - Group Reporting
- IAS 28 – Investments in Associates
- IFRS 3 – Business Combinations
- IFRS 8 – Segment Reporting
- IFRS 10 – Consolidated Financial Statements
- IFRS 11 – Joint Arrangements
Day 3: - Latest Standards and Practical Implications
- IFRS 9 – Financial Instruments
- IFRS 14 – Regulatory Deferral Accounts
- IFRS 15 – Revenue from Contracts with Customers
- IFRS 16 – Leases
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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
Do you provide assistance with hotel accommodation?
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.
Do you offer customized training for organizations?
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 [email protected]
What types of training formats do you offer?
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.
Can you assist with visa arrangements?
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
Who will be the senior consultant leading the training?
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]
