International Financial Reporting Standards
What is IFRS?
International Financial Reporting Standards (IFRS) are a set of accounting rules for the financial statements of public companies that are intended to make them consistent, transparent, and easily comparable around the world.
Why to choose the IFRS course program?
The IFRS Certificate Programme gives participants the skills to compete effectively in today’s global business environment. A grounding in IFRS will distinguish participants from other accounting and finance professionals and expand their global career opportunities. IFRS is a globally accepted language for business accountancy presentation which makes it comparable and understandable globally. In simpler words, generalized parameters were established for publicly-traded company accounts presentations.
Who should take the IFRS Course?
The target audience is professional accountants and auditors, qualified by their national accounting standards. However, it is possible for those with experience but no formal qualifications in accounting and auditing to register for this certificate.
IFRS Course Outline:
Module 1 – Introduction to the IFRS
- International Accounting Standards Board (IASB) and IFRS Foundation Relationship
- International Accounting Standards (IAS Standards), and International Financial Reporting Standards (IFRS Standards) that are currently in issue
- Conceptual Framework for Financial Reporting
- The status and practice of IFRS standards around the world
Module 2 – Accounting for Assets under IFRS
- Property, Plant & Equipment
- Inventory
- Intangible Assets
- Investment Property
- Leases
- Borrowing Costs
- Agriculture
- Government Grants and Disclosure of Government Assistance
- Impairment of Assets
Module 3 – Accounting for Revenue Recognition
- Revenue from Contracts with Customers
- Contract Costs
Module 4 – Accounting for Liabilities
- Provisions
- Contingent Liabilities
- Lease Liabilities
- Income Taxes
- Employee Benefits
- Share based payments
Module 5 – Financial Instruments
- Financial Assets, Financial Liabilities & Equity
- Recognition of Financial Instruments
- Fair Value Measurement
- Impairment of Financial Assets
- Hedging and Hedge Accounting
Module 6 – Presentation of Financial Statements
- Presentation of Financial Statements
- Statement of Cash Flows
- Interim Financial Reporting
- Selection of Accounting Policies and Accounting Estimates
- Events after the reporting period
Module 7 – Group Financial Statements
- Business Combination
- Consolidated Financial Statements
- Separate Financial Statements
- Associates & Joint Ventures
- Effects of Changes in Foreign Exchange Rates
Module 8 – Other IFRS Standards
- Related Party Disclosures
- Earnings Per Share
- Exploration and Evaluation of Mineral Resources
- Assets Held for Sale and Discontinued Operations
- First time adoption of IFRS
- IFRS for SME’s
Outcomes of Learning IFRS
- Learn the key principles of Conceptual Framework for Financial Reporting.
- Learn the financial reporting standards applicable to key elements of financial statements.
- Learn the disclosure requirements for organizations in financial reports and notes.
- Learn the aspects related to consolidated financial statements including subsidiaries, associates and joint arrangements.
Benefits of IFRS Course in Dubai
- IFRS Course in Dubai is trained by our trained experts.
- You will get an Institutional certificate with KHDA approved.
- Spoton provides you the facility to schedule the classes according to your availability.
IFRS Course Student Reviews
I recently completed the Data Science course at Spoton Training institute. I had no prior experience with data science, so I was looking for a course that would teach me the basics. The Spoton Training institute was well-structured and comprehensive, and I learned a lot. The instructors Fahim Sir were knowledgeable and engaging, and they were always available to answer questions. The course also included hands-on exercises, which helped me to solidify my understanding of the material.
Overall, I was very happy with the Data Science at Spoton Training institute. I would definitely recommend it to anyone who is interested in learning more about data science.
Thank You Spoton for your support.
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Aiming to be Expert in IFRS ?
Frequently Asked Questions?
- To become a Professional in this Field
- This course equips you with essential skills and knowledge
- Completion of this course can significantly boost your professional profile, opening up opportunities for promotions, career transitions, or higher-paying positions within your field.
- You will get free career counselling and mentorship by industry the trainers.
- We Engage the students in more Practical Sessions with our Certified Trainers.
- We provide Online and Offline mode Course Training in Dubai
- We have Corporate Level Experienced Certified Trainers in Dubai
- You will get more Practical Knowledge than Theory.
- You will be Trained by Certified Training Experts.
- You will get both Institutional Certificate and the KHDA Certificate.
- Spoton provides you the facility to schedule the classes according to your availability.
- You will get the study materials to study further.
It is all about Improving your knowledge and Updating Skills in this Domain.
- This Course is designed approximately one and half months.
- The duration can be adjustable according to your needs.
- If you need to complete the course as soon as possible we can provide you the facility for fast track
- This Course Class will depend on the student’s and the trainer’s availability.
- You can select any three days including both weekdays and weekends.
- Timing will be flexible ( 2 hours per day)
- It is open from 9.30am-9.00pm
We offer two certificate:
- Institutional Certificate
- KHDA certificate (Knowledge & Human Development Authority of Dubai)