An Intensive 5-day Training Course
Private: Advanced International Financial Reporting Standards (IFRS)
- Format: Classroom
- Duration: 5 days
- Language: English
- Accredited: CPE, KHDA Certified training courses
INTRODUCTION
International Financial Reporting Standards (IFRS) have been adopted by more than one hundred countries and are the most widely used financial reporting standards in the world.
This advanced programme 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 that those attending this programme have either attended the introductory programme or have a good working knowledge of IFRS that covers the basic elements.
The programme 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
As a result of completing this programme, 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 programme, 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 programme 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 training programme 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 through a combination of direct instruction, analysis and evaluation of practical case studies, examples and exercises to
illustrate application of the standards as well as current and future issues and other “real life” examples will be encouraged.
TRAINING SUMMARY
This comprehensive accounting standards training programme 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 organisations with respect to the adoption and utilisation of these accounting standards.
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.
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.
Taught by our team of highly qualified trainers, our KHDA approved training courses will provide you with an enriching learning experience and practical knowledge that will help you future-proof your career and support professional development within your organisation.
