Mastering IFRS Standards: A Comprehensive Guide to Implementation and Reporting
Course Format & Delivery Details Course Overview
Our comprehensive course on Mastering IFRS Standards is designed to equip you with the knowledge and skills necessary to implement and report IFRS standards effectively. The course is carefully crafted to cater to the needs of finance professionals, accountants, and business leaders. Course Format
- Self-Paced: Yes, this course is self-paced, allowing you to learn at your own convenience.
- Online: The course is entirely online, providing you with the flexibility to access the content from anywhere.
- Live Virtual: No live virtual sessions are included in this course.
- On-Demand: The course content is available on-demand, enabling you to access it at any time.
Course Schedule
- Fixed Dates or Times: There are no fixed dates or times for this course, allowing you to start and complete it at your own pace.
- Typical Completion Time: The typical completion time for this course is 12-16 weeks, depending on your pace and the time you dedicate to the course.
Course Access
- Lifetime Access: Upon enrollment, you will have lifetime access to the course materials, allowing you to revisit and review the content as needed.
- Mobile-Friendly: The course is optimized for mobile devices, ensuring that you can access the content seamlessly on your smartphone or tablet.
Support and Resources
- Instructor Support: You will have access to dedicated instructor support through email and discussion forums.
- Downloadable Resources, Templates, and Toolkits: The course includes a comprehensive set of downloadable resources, templates, and toolkits to support your learning and implementation.
- Certificate of Completion: Upon completing the course, you will receive a Certificate of Completion issued by The Art of Service.
Extensive & Detailed Course Curriculum Module 1: Introduction to IFRS Standards
- Overview of IFRS Standards
- History and Evolution of IFRS
- Importance of IFRS in Financial Reporting
- Key Principles and Concepts
Module 2: Conceptual Framework
- Understanding the Conceptual Framework
- Qualitative Characteristics of Financial Information
- Elements of Financial Statements
- Recognition and Derecognition Principles
Module 3: Financial Statement Presentation
- IAS 1: Presentation of Financial Statements
- Statement of Financial Position
- Statement of Profit or Loss and Other Comprehensive Income
- Statement of Changes in Equity
- Statement of Cash Flows
Module 4: Revenue Recognition
- IFRS 15: Revenue from Contracts with Customers
- Identifying Performance Obligations
- Determining Transaction Price
- Allocating Transaction Price to Performance Obligations
- Recognizing Revenue
Module 5: Leases
- IFRS 16: Leases
- Identifying Leases
- Lessee Accounting
- Lessor Accounting
- Sale and Leaseback Transactions
Module 6: Financial Instruments
- IFRS 9: Financial Instruments
- Classification and Measurement of Financial Assets
- Impairment of Financial Assets
- Hedge Accounting
- Derecognition of Financial Assets and Liabilities
Module 7: Inventory and Agriculture
- IAS 2: Inventories
- IAS 41: Agriculture
- Measuring Inventories
- Measuring Biological Assets
- Disclosure Requirements
Module 8: Property, Plant, and Equipment
- IAS 16: Property, Plant, and Equipment
- Recognition and Measurement
- Depreciation and Impairment
- Derecognition
- Disclosure Requirements
Module 9: Intangible Assets
- IAS 38: Intangible Assets
- Recognition and Measurement
- Amortization and Impairment
- Derecognition
- Disclosure Requirements
Module 10: Impairment of Assets
- IAS 36: Impairment of Assets
- Identifying Impairment Indicators
- Measuring Recoverable Amount
- Recognizing Impairment Losses
- Disclosure Requirements
Module 11: Provisions, Contingent Liabilities, and Contingent Assets
- IAS 37: Provisions, Contingent Liabilities, and Contingent Assets
- Recognizing Provisions
- Measuring Provisions
- Disclosure Requirements
- Contingent Liabilities and Contingent Assets
Module 12: Income Taxes
- IAS 12: Income Taxes
- Current Tax
- Deferred Tax
- Disclosure Requirements
Module 13: Employee Benefits
- IAS 19: Employee Benefits
- Short-Term Employee Benefits
- Post-Employment Benefits
- Other Long-Term Employee Benefits
- Termination Benefits
Module 14: Earnings Per Share
- IAS 33: Earnings Per Share
- Basic Earnings Per Share
- Diluted Earnings Per Share
- Disclosure Requirements
Module 15: Interim Financial Reporting
- IAS 34: Interim Financial Reporting
- Content of Interim Financial Reports
- Disclosure Requirements
Module 16: Operating Segments
- IFRS 8: Operating Segments
- Identifying Operating Segments
- Disclosure Requirements
Module 17: Related Party Disclosures
- IAS 24: Related Party Disclosures
- Identifying Related Parties
- Disclosure Requirements
Module 18: First-Time Adoption of IFRS
- IFRS 1: First-Time Adoption of International Financial Reporting Standards
- Preparing Financial Statements under IFRS for the First Time
- Disclosure Requirements
Upon completing this comprehensive course, you will receive a Certificate of Completion issued by The Art of Service, demonstrating your expertise in Mastering IFRS Standards.,
Course Overview
Our comprehensive course on Mastering IFRS Standards is designed to equip you with the knowledge and skills necessary to implement and report IFRS standards effectively. The course is carefully crafted to cater to the needs of finance professionals, accountants, and business leaders.Course Format
- Self-Paced: Yes, this course is self-paced, allowing you to learn at your own convenience.
- Online: The course is entirely online, providing you with the flexibility to access the content from anywhere.
- Live Virtual: No live virtual sessions are included in this course.
- On-Demand: The course content is available on-demand, enabling you to access it at any time.
Course Schedule
- Fixed Dates or Times: There are no fixed dates or times for this course, allowing you to start and complete it at your own pace.
- Typical Completion Time: The typical completion time for this course is 12-16 weeks, depending on your pace and the time you dedicate to the course.
Course Access
- Lifetime Access: Upon enrollment, you will have lifetime access to the course materials, allowing you to revisit and review the content as needed.
- Mobile-Friendly: The course is optimized for mobile devices, ensuring that you can access the content seamlessly on your smartphone or tablet.
Support and Resources
- Instructor Support: You will have access to dedicated instructor support through email and discussion forums.
- Downloadable Resources, Templates, and Toolkits: The course includes a comprehensive set of downloadable resources, templates, and toolkits to support your learning and implementation.
- Certificate of Completion: Upon completing the course, you will receive a Certificate of Completion issued by The Art of Service.