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International Financial Reporting Standards (IFRS)

Overview

All the listed companies throughout the European Union are required to comply with International Financial Reporting Standards (IFRS). If you are working in public or private sectors and requires effective financial management, this course has design for the participants who are looking for sound financial reporting and what to understand how IFRS works. Future Connect Training provides hands-on practical training which helps to the participants the IFRS regulatory environment and format the financial statements.

Who can attend

This training will be benefits to those who have little or no experience of IFRS and also the Finance & Accounting Management Staff.

Aims and Objectives


The aims of the International Financial Reporting Standards (IFRS) training are:

  • Understanding the International Financial Reporting Standards (IFRS)
  • Introduction of IFRS Financial Statements format.
  • Identify and Apply relevant financial reporting standards.
  • Preparing the group financial statements.
  • Importance and implementing the standards of financial reporting.
  • Applying the Disclosure requirements for the companies.
  • Accounting for Assets, Liabilities, Financial instruments and other issues
  • Understanding how IFRS used around the world.
  • Examine the fundamental requirements on a standard by standard basis
  • Guidance on how to IFRS into a practice.
  • Understanding Policies and Revenue.
  • Understanding the importance of using Accounting and Budgeting.

Learning Outcomes


After completion of IFRS training you should able to:

  • Understand how the International Financial Reporting Standards (IFRS) works.
  • Able to prepare the group financial statements
  • Understand how IFRS works into worldwide.
  • Understand the economic and accounting concepts.