IFRS Basics
Target Audience
This IFRS training program is primarily designed for finance professionals and all professionals involved as stakeholder to the IFRS reporting communities. Would you like to learn more about the International Financial Reporting Standards and their reporting requirements? This program will help you to achieve this objective.
Content
The program goes beyond theoretical concepts as each training module is developed and instructed by IFRS experts with solid and pragmatic on the job experience. All modules share an interactive approach where theory is combined with practical and pragmatic examples. All training sessions consist of small groups allowing optimal interaction.
You will be thoroughly introduced to the different IFRS/IAS topics. Based on an executive summary of all IFRS/IAS frameworks we will guide you through the scope, objectives and the main principles, and illustrate with practical examples.
6 training modules will tackle specific areas: Presentation of financial statements, consolidation, assets, equity & liabilities, financial instruments, and income statement and cash flow. The full program includes these 6 modules.
Practical information
This training is designed as a modular program, each module taking half a day. The complete set of modules results in a three-day training program.
Prior knowledge in the field of IFRS is an advantage, but not required.
If you are interested to follow this training, please have a look in our training calendar to find the following training sessions. You can find the subscription form in the appropriate training session or you can contact us if you need more information.
Price
The price for an individual training module is €450 (excl. VAT) per person
Those who subscribe to the full three-day programme pay €1.700 (excl. VAT) per person.
Multiple participants from the same company benefit from a 10 % reduction.
Modules
Module 1 : Presentation of financial statements
| Framework | General introduction in the IFRS framework : principles and history |
IAS 1
| Presentation of Financial Statements |
| IFRS1 | First-time Adoption of International Financial Reporting Standards |
| IAS 8 | Accounting Policies, Changes in Accounting Estimates and Errors |
| IFRS 8 | Operating Segments |
| IAS 34 | Interim Financial Reporting |
Module 2 : Consolidation
| IFRS 3 | Business Combinations |
| IFRS 10 | Consolidated Financial Statements |
| IFRS 11 | Joint Arrangements |
| IFRS 12 | Disclosure of Interests in Other Entities |
| IAS 27 | Separate Financial Statements |
| IAS 28 | Investments in Associates |
| IAS 21 | The Effects of Changes in Foreign Exchange Rates |
| IAS 24 | Related Party Disclosures |
Module 3 : Assets
| IAS 2 | Inventories |
| IAS 16 | Property, Plant and Equipment |
| IFRS 5 | Non-current Assets Held for Sale and Discontinued Operations |
| IAS 23 | Borrowing Costs |
| IAS 38 | Intangible Assets |
| IAS 36 | Impairment of Assets |
| IAS 17 + IFRS 16 | Leases |
Module 4 : Equity & Liabilities
| IAS 19 | Employee Benefits |
| IAS 37 | Provisions, Contingent Liabilities and Contingent Assets |
| IFRS 2 | Share-based Payment |
Module 5 : Financial Instruments
| IAS 32 | Financial Instruments: Presentation |
| IAS 39 | Financial Instruments: Recognition and Measurement |
| IFRS 7 | Financial Instruments: Disclosures |
| IFRS 9 | Financial Instruments |
Module 6 : Income statement and cash flow
| IAS 18 + IFRS 15 | Revenue recognition |
| IAS 12 | Income Taxes |
| IAS 7 | Statement of Cash Flows |
| IAS 10 | Events After the Reporting Period |
| IAS 33 | Earnings Per Share |
| IAS 20 | Accounting for Government Grants and Disclosure of Government Assistance |
More specific training needs?
If you are looking for a training tailor to your needs, don’t hesitate to have a look at our content area specific trainings.