What Will I Learn?

This training will be a combination of different methods including interactive lecturing, group discussions, review technique, brainstorming, case studies, practical exercises, and group work. These will make the training course distinctive.

Indicative Content

• 1. Introduction to International Financial Reporting Standards:
  
  

  1.1 IFRSs and the IASB structure

  1.2 The Conceptual Framework of accounting

  1.3 IFRS Conceptual Framework

  1.4 Overview of primary IFRS financial statements

  1.5 Concept of ‘other comprehensive income’

  1.6 Time value of money

  1.7 IFRS 13 Fair Value Measurement

• 2. Overview of primary IFRS financial statement
  
  

  2.1 IAS 1 Presentation of Financial Statements

  2.2 IAS 7 Statement of Cash Flows

  2.3 IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

  2.4 IAS 10 Events after the Reporting Period

  2.5 IAS 33 Earnings per Share

  2.6 IAS 34 Interim Financial Reporting

  2.7 IFRS 8 Operating Segments

• 3. Financial assets and liabilities
  
  

  3.1 Classification and measurement of financial assets: derecognition of financial assets,

  3.2 classification and measurement of financial liabilities: derecognition of financial liabilities;

  3.3 financial derivatives: financial hedges, accounting hedges and implicit derivatives;

  3.4 information to be disclosed in the notes to the financial statements;

  3.5 case studies

• 4. Non-Financial Assets:
  
  

  4.1 IAS 16 Property, Plant and Equipment

  4.2 IAS 23 Borrowing Costs

  4.3 IAS 38 Intangible Assets

  4.4 IAS 40 Investment Property

  4.5 IAS 36 Impairment of Assets

• 5. Financial Statements:
  
  

  5.1 IAS 1 Presentation of Financial Statements

  5.2 IAS 7 Statement of Cash Flows

  5.3 IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

• 6. Financial Instruments:
  
  

  6.1 Financial Instruments: Presentation (IAS 32)

  6.2 Financial Instruments Disclosures (IFRS 7)