International Financial Reporting Standards (IFRS)

This comprehensive course provides an in-depth understanding of International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). With over 140 countries requiring or permitting IFRS, understanding these standards is essential for accounting professionals working in global business environments.

You will begin with the IFRS Conceptual Framework, understanding the objectives and qualitative characteristics of financial reporting. The course then systematically covers major standards including IAS 1 Presentation of Financial Statements, IAS 16 Property Plant and Equipment, IAS 38 Intangible Assets, IFRS 15 Revenue from Contracts with Customers, IFRS 16 Leases, IFRS 9 Financial Instruments, and IAS 36 Impairment of Assets.

Each standard is explained with practical examples, journal entries, and disclosure requirements. You will learn how to apply these standards in real-world scenarios, understand the differences between IFRS and local GAAP, and prepare financial statements that comply with international requirements.

This course is ideal for accountants, auditors, financial analysts, and business professionals who need to understand and apply IFRS in their daily work. It also provides excellent preparation for IFRS-related professional examinations such as ACCA, DipIFR, and CPA.