International Financial Reporting (IFRS) is the indisputably global solution for any country in the world to integrate into the international capital markets. There is virtually no room for a local solution in this category, and an increasing number of entities are moving to IFRS. Access to capital from both the domestic and international arena is inextricably linked to the integrity and international credibility of financial reporting.
The IFRS standard setters have been pursuing a process of revamping standards to improve global financial reporting and this course provides a foundation knowledge of the core concepts and principles of IFRS reporting standards.
This is an introductory course on how IFRS financial statements are compiled and put together. No previous IFRS knowledge is required. Basic accounting concepts will be reviewed on the course for those delegates that have minimal accounting background, or their studies of accounting were not recent and require a refresher.
The objective of the course is for delegates to gain an understanding of all the core IFRS reporting standards with an emphasis on their application. Examples and case studies in this course are targeted for delegates with minimal or no experience in IFRS.
This course has been specifically designed for the benefit of:
- Entry level finance staff
- Junior accountants and bookkeepers
- Analysts requiring knowledge of IFRS compliant statements
- Non-accounts that require and understanding of accounting and IFRS