This training provides an overview of IFRS standards, including the conceptual framework and the most important IFRS standards. You will cover international accounting standardization and the IFRS framework, presentation requirements for financial statements under IFRS, IAS 7 (cash flow statements and statement of changes in equity), IAS 16 and IAS 38 (property, plant, and equipment and intangible assets), IFRS 16 (leases), and IFRS 15 (revenue recognition). Upon completion of the training, you will have a solid understanding of the basic principles of IFRS standards and the main IFRS standards.
Course Details
1. Explain the IFRS international accounting standards framework
2. Specify the presentation requirements for financial statements under IFRS
3. Present the main international standards and their differences from Local rules