IFRS (International Financial Reporting Standards) Certification Course

What is IFRS? IFRS means International Financial Reporting Standards. They are issued by an independent body called as International Accounting Standards Board. IFRS are accounting standards which should be applied by an organization when they prepare and present the financial statements.

Why you need to attend this International Financial Reporting Certification Course? Many organizations have expanded their businesses and now operate in more than one country. These organizations must follow the local rules regarding the presentation of financial statements.

In the past, such organisations faced problems in complying with a different set of accounting rules and often it results in following different treatment for similar transactions. IFRS addresses these problems by providing a single set of high quality, accounting standards which are recognised internationally.

Course Objectives:

The objective of this training is to help you in developing your knowledge and understanding of International Financial Reporting Standards. You will also learn how to apply them, as well as the concepts and principles which underpin them.

By the end of this training course you will be able to:

• Learn the key principles of Conceptual Framework for Financial Reporting
• Learn the financial reporting standards applicable to key elements of financial statements
• Learn the disclosure requirements for organisations in financial reports and notes
• Learn the aspects related to consolidated financial statements including subsidiaries, associates and joint arrangements