International Financial Reporting Standards

NTRODUCTION

IFRS refers to accounting standards issued to provide a common global language for business affairs so that company accounts are understandable and comparable across international boundaries to protect public interest, ensure accountability and win stakeholder confidence.

This course is designed to develop knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, including groups and how to analyze and interpret those financial statements. We will take a look at some of the more complex International Accounting Standards (IAS) as well as the International Financial Reporting Standards (IFRS).

Participants will have a broader and in depth understanding of accounting and Financial Reporting to better prepare yourself for whatever challenges you may face within the world of finance

DURATION

5 Days

TARGET AUDIENCE

Accountants, senior accountants, chief accountants, accounting managers, general ledger accountants, corporate accountants, and professionals interested in upgrading, enhancing, and refreshing their accounting skills.

OBJECTIVES

By the end of the course, participants will be able to:

v  Understand the role of financial reporting

v  Understand financial statement

v  Identify assets and liabilities recognition criteria

v  Understand the accrual basis concepts of accounting

v  Identify the principle of capital and capital maintenance

v  Understand the recognition, measurement bases, and disclosures of different IFRS and IAS standards

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

TRAINING VENUE, LOGISTICS AND PAYMENT

v  Training is residential and will be held at Afriex Training Centre.

v  The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

v  Accommodation and airport transfer are arranged upon request by the participant.

v  This training can also be tailor made for your institution upon request. You can have it delivered in our training Centre or at a convenient location.

v  For further inquiries, please contact us on [email protected]

v  Payment should be made to Afriex Training Limited bank account before the start of the training and receipts sent to [email protected]

v  Upon successful completion of this training, participants will be issued with an Afriex Training Ltd certificate.