This comprehensive five-day program provides a thorough understanding of the International Financial Reporting Standards (IFRS), covering key standards and their application in financial reporting. The training is designed for finance professionals who want to acquire an in-depth knowledge of IFRS, from foundational concepts to advanced reporting techniques. Participants will explore the evolution, purpose, and practical implementation of IFRS standards, including consolidation, revenue recognition, financial instruments, and leases. Through practical exercises and real-life case studies, participants will gain the skills needed to apply IFRS in their organizations effectively.
Course Details
1. Understand the evolution and importance of IFRS in global financial reporting.
2. Master key IFRS standards such as IAS 1, IAS 2, IFRS 9, IFRS 15, and IFRS 16.
3. Apply IFRS principles to financial reporting, including preparing financial statements and disclosures.
4. Identify the differences between IFRS and local GAAP (e.g., French GAAP).
5. Understand the consolidation process and how IFRS is applied to group financial statements.
6. Use IFRS for revenue recognition, financial instruments, leases, and more.