Advanced Program on International Accounting Standards (IAS) and IFRS

Course Overview
Understanding IFRS requirements will help you better assist clients subject to these standards and enable you to compete in the modern business world. Practical learning to enhance your comprehension. The interactive learning elements and real-life examples will help you implement the key concepts you learn in this course. This comprehensive course provides a deep understanding of the International Accounting Standards (IAS) and the International Financial Reporting Standards (IFRS), equipping professionals with the knowledge to apply these principles in real-world financial reporting and analysis.

Course Objectives

• Discuss the structure of the framework of IFRS
• Apply relevant financial reporting standards to key elements of financial reports
• Identify, apply, and improve the efficiency of disclosure requirements for companies in financial reports and notes
• Prepare and interpret financial statements in light of the International Financial Reporting Standards (IFRS)

Course Outline

1. Introduction to IAS and IFRS
• Overview of the need for global accounting standards
• Key differences between IAS and IFRS
2. IAS Modules
• IAS 1: Presentation of Financial Statements
• IAS 2: Inventories
• IAS 7: Cash Flow Statements
• IAS 16: Property, Plant, and Equipment
3. IFRS Modules
• IFRS 1: First-time Adoption of IFRS
• IFRS 9: Financial Instruments
• IFRS 15: Revenue from Contracts with Customers
• IFRS 16: Leases
4. Recent Updates in IFRS
• IFRS Interpretations and amendments
• Impact of new standards on financial reporting
5. Practical Application of IFRS
• Case studies on financial reporting under IFRS
• Hands-on exercises for preparing compliant financial statements
6. Global Financial Reporting and Compliance
• Multinational financial reporting requirements
• Regulatory frameworks in different regions

Target Group
Accounting and finance professionals interested in IFRS Standards

Program Cost

• 5-day Training: €3700
• 10-day Training: €6500

This course is available on different dates upon request to accommodate participants’ schedules and preferences. Reach out to us to find a suitable time for your training needs.

Organizers
The Geneva Institute of Business Management, in collaboration with its European partners, organizes this program to offer cutting-edge training in global accounting standards.