• Apply IFRS concepts and policies to financial reporting
• Prepare accurate income statements, balance sheets, and cash flow statements using IFRS
• Evaluate and apply IFRS rules for assets, liabilities, and equity
• Analyze business combinations and strategic alliances under IFRS standards
• Interpret and implement IFRS for financial instruments and foreign transactions

• Heads of Finance
• Chief Accountants
• Financial Controllers
• External and Internal Auditors

Module 1: Introduction to IFRS and Global Adoption

• Global movement to IFRS
• Principles vs. rule-based approaches
• Purpose and rationale for the conceptual framework

Module 2: Key Standards for Financial Statements

• IAS 1: Presentation of Financial Statements
• Core concepts and principles in financial reporting
• Statement of financial position and income statement preparation

Module 3: Accounting for Tangible and Intangible Assets

• IAS 16: Property, Plant and Equipment
• IAS 2: Inventories
• IAS 40: Investment Property

Module 4: Asset Impairment and Provisions

• IAS 36: Impairment of Assets
• IAS 37: Provisions, Contingent Liabilities, and Assets
• IFRS 5: Non-Current Assets Held for Sale

Module 5: Employee and Post-Employment Benefits

• IAS 19: Employee Benefits
• Recognizing defined benefit plans
• Accounting implications for pensions

Module 6: Business Combinations and Group Accounting

• IFRS 10: Consolidated Financial Statements
• IFRS 3: Business Combinations
• Accounting for acquisitions and mergers

Module 7: Foreign Exchange and Joint Ventures

• IAS 21: Foreign Currency Transactions
• IFRS 11: Joint Arrangements
• IAS 28: Investments in Associates

Module 8: Financial Instruments: Measurement and Classification

• IFRS 9: Financial Instruments – Overview
• Classification and measurement of assets and liabilities
• Derecognition and impairment

Module 9: Fair Value and Financial Presentation

• IFRS 13: Fair Value Measurement
• IAS 32: Financial Instruments – Presentation
• Fair value hierarchy and disclosures

Module 10: IFRS Updates and Real-World Application

• Latest amendments and interpretations
• Case study analyses
• Final assessment and wrap-up

The course combines various teaching methods, including instructor-led presentations, group discussions, case study analyses, and assessments through quizzes and a final exam to engage participants and ensure they understand and retain the material.