* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
International Financial Reporting Standards (IFRSs) are the world’s most widely applied accounting standards. Over 120 countries now require or permit the use of IFRSs. Over 7,000 public companies in the European Union have complied with IFRS since 2005. Most other countries are either adopting IFRSs or have decided to converge their national standards with IFRSs.
This five-day course provides a rigorous and detailed overview of all major technical IFRS requirements, and includes illustrative financial statements, case studies, examples, coverage of the most significant IFRSs.
Identify the various kinds of business assets,
Describe the structure and elements of an internal control system,
Identify business possible risks and initiate plans to manage them properly
Develop asset control activities,
Explain how to implement asset control activities effectively
This course is designed for managers and staff of SMEs including Business owners, directors, shareholders, board of directors, supervisors, and others who manage or control business assets.
Introduction to IFRSs
Brief history of IFRSs
Conceptual Framework
Fair value measurement (IFRS 13)
Content of IFRS Financial Statements
Presentation of financial statements (IAS 1)
Statement of cash flows (IAS 7)
Accounting policies, changes in accounting estimates and errors (IAS 8)
Events after the reporting period (IAS 10)
Operating segments (IFRS 8)
Related party disclosures (IAS 24)
Earnings per share (IAS 33)
Interim financial reporting (IAS 34)
Discontinued operations (IFRS 5)
Assets
Inventories (IAS 2)
Property, plant & equipment (IAS 16)
Borrowing costs (IAS 23)
Intangible assets (IAS 38)
Investment property (IAS 40)
Impairment of assets (IAS 36)
Non-current assets held for sale (IFRS 5)
Fixed Assets
Liabilities
Leases (IAS 17, SIC-27, and IFRIC 4)
Update on IFRS 16 Leases
Employee benefits (IAS 19)
Provisions, contingent liabilities and contingent assets (IAS 37)
Share-based payment (IFRS 2)
Financial Instruments
Financial assets and liabilities, hedging and derivatives (IAS 32, IAS 39, IFRS 9)
Financial instrument disclosures (IFRS 7)
Income Taxes
Income taxes (IAS 12)
Revenue Recognition
Revenue (IAS 18, IFRIC 13 and 18)
Construction contracts (IAS 11)
Revenue from Contracts with Customers (IFRS 15)
Foreign Currency Issues
The effects of changes in foreign exchange rates (IAS 21)
Averest Training Certificate of Completion or delegates who attend and complete the training course
This course is certified by:
This Course can be customized delivered to a group at your facility saving time and money.