Applying IFRS

Description

Target audience

  • Accounting and financial specialists, professionals and practitioners who wish to develop a greater understanding of the key concepts and applications of IFRS.
  • Those aiming for organisational adoption of IFRS to enable greater fluency in their financial reporting and establish a global understanding of their accounting practice in an increasingly internationalised business world.
  • Accounting and finance staff of entities that have been mandated to be IFRS compliant.

What you will learn

Upon completion of this course, you will be able to understand:

  • The role of the International Accounting Standards Board (IASB) in setting international accounting standards.
  • The element of equity in financial statements, its various components and the accounting for transactions that give rise to these components.
  • Accounting requirements for IFRS 13 Fair Value Measurement.
  • Accounting requirements for IFRS 15 Revenue from Contracts with Customers.
  • Accounting requirements for IAS 37 Provisions, Contingent Liabilities and Contingent Assets.
  • Accounting requirements for IAS 12 Income Taxes.
  • Accounting requirements for IFRS 9 Financial Instruments.
  • Accounting requirements for IAS 32 Financial Instruments: Presentation.
  • Accounting requirements for IFRS 7 Financial Instruments: Disclosures.
  • Accounting requirements for IFRS 12 Share-based Payment.
  • Accounting requirements for IAS 2 Inventories.
  • Accounting requirements for IAS 19 Employee Benefits.
  • Accounting requirements for IAS 16 Property, Plant and Equipment.
  • Accounting requirements for IAS 17 Leases.
  • Accounting requirements for IAS 38 Intangible Assets.
  • Accounting requirements for IFRS 3 Business Combinations.
  • Accounting requirements for IAS 36 Impairment of Assets.
  • The principles that underlie the preparation of general purpose financial statements in order to provide information that is useful for creditors and investors and other users in making decisions about providing resources to the entity.
  • How to present a statement of cash flows in accordance with IAS 7 Statement of Cash Flows.
  • Accounting requirements for IFRS 8 Operating Segments. Accounting requirements for IAS 24 Related Party Disclosures.
  • Accounting requirements for IAS 33 Earnings per Share.
  • The accounting standards governing the preparation of consolidated financial statements – IFRS 10 Consolidated Financial Statements and IFRS 3 Business Combinations.
  • The preparation of consolidated financial statements.
  • Accounting requirements for IAS 21 The Effects of Changes in Foreign Exchange Rates.

 

Further information

London Business Training & Consulting (LBTC)
Provider:
London Business Training & Consulting (LBTC)
Duration:
1 Week
Price:
£2,625 (ex VAT)
Availability:
Scheduled dates
Course type:
Classroom
Locations:
Dubai, London

Contact Information

London Business Training & Consulting (LBTC)

ONE LYRIC SQUARE
Hammersmith
London
W6 0NB

Credentials

Locations