Course Description

This course will provide participant with basic knowledge and skills in understanding and applying accounting standards and the theoretical framework in the preparation of financial statements of entities, this course will also provide participants on how to analyse and interpret financial statements.

Course Objectives:

At the end of this course, delegates will be able to:

• Define the IFRS standards with practical explanations and examples
• Assess how a consolidation of financial statements works with the application of IFRS 10
• Evaluate the new Revenue standard (IFRS 15)
• Obtain the actual IAS and IFRS standards used in this course to read and go through whilst the lecturer explains the concepts

Course Outline:

• IAS 16 – Property, Plant and Equipment
• IAS 40 – Investment property
• IAS 23 – Borrowing costs
• IAS 38 – Intangible assets
• IAS 36 – Impairment of assets
• IAS 2 – Inventories
• IAS 32, IFRS 7 AND IFRS 9 – Financial Instruments
• IAS 20 – Government grants
• IFRS 15 – Revenue
• IAS 12 – Taxation
• IAS 37 – Provisions, contingent liabilities and contingent assets
• IAS 10 – Events after the reporting period
• IAS 8 and IFRS 5
• IAS 7 – Statement of Cash Flows
• IFRS 10 – The Consolidated statement of financial position
• The consolidated statement of profit or loss and other comprehensive income
• IAS 28 – Accounting for associates

Who Should Attend?

• Anyone wanting to learn the basics of International Financial Reporting Standards
• Accountants
• Business owners
• CEOs and CFOs
• Anyone involved in international business

Delivery method: This will include combine lectures, discussions, group exercises and illustrations. Participants will also understand the theoretical and practical knowledge of the topic.

Venue:  

Fee: 

Duration: 1 week

Course Date: March 6th – 10th, 2023