IFRS Fundamentals Course

This basic IFRS course provides a thorough introduction of all the major concepts and practical hurdles for those being new to the IFRS/IAS field.

All topic cover will be accompanied with examples and case to illustrate effective application. Issued that arise in practice will be discussed and participant are encouraged to participate by tabling company specific issues they’ve encountered.

Particular attention will be given to the conceptual framework and the cornerstone items on the balance sheet and other financial statements. Where needed, recent evolutions will be brought into the discussion as is the case for the upcoming revolutionary change in lease accounting.

CONTENT

• IASB and conceptual framework
• Shareholders’ equity: share capital and reserves
• Revenue recognition
• Provisions, contingent assets and liabilities
• Inventories
• Property, plant and equipment
• Intangible assets and impairment (incl goodwill)
• Leasing disclosures
• First time adoption

FOR WHOM:

Accountants, Controllers, Managers of Fixed Assets, Divisional and Plant Managers and all Executives involved in Fixed Asset Accounting and Administration.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

DATE:

1ST BATCH:       30th June – 3rd July, 2020

2ND BATCH:      15th – 18th December, 2020