International Financial Reporting Standards

Description

The convergence, globally, of International Financial Reporting Standards (IFRS) is gaining pace at a rapid rate, for the preparation of financial statements. This includes bot large corporates and the medium sized companies. Each year more and more countries are implementing IFRS.

As a result of this acceptance of IFRS, more financial professionals are required to have a working knowledge of not only the fundamentals, but also the detailed workings. Further, the IFRS landscape is constantly changing and professionals are required to keep up to date.

This 3-day workshop will deliver update to date IFRS reporting requirements covering the standards in a practical, technical and commercial basis, with the inclusion of real life company challenges and use will be made of excel models to demonstrate many of the commercial concepts (these models will be provided as a take-away for participants).

The workshop will include the latest statements as well as projects which will be started on in the future.

What you will learn

• Apply the International Financial Reporting Standards to key elements of financial reports
• Interpret financial statements with better understanding and with improved commercial insight
• To prepare IFRS compliant financial statements, including group accounts
• What You Get:
• Real life examples of correct accounting and incorrect accounting treatment
• Excel driven guidance tools for easy reference
• Focus on certain sector area challenges
• Meet other practitioner’s and users of IFRS financial statements