International Financial Reporting Standards

Level

International Financial Reporting Standards

ReCh Management Centre (non-collegiate provider)
Logo ReCh Management Centre (non-collegiate provider)

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Description

This course is designed for financial accountants and controllers wanting a detailed understanding of international standards of the International Accounting Standards. Auditors, Analysts and interpreters of IAS/IFRS financial statements will also benefit greatly from the course and this course will also be of particular benefit to accountants moving into a financial accounting role from other fields.

Course Objectives

  • An in-depth working knowledge of the new ‘world standard’ of financial reporting
  • A technique for extracting the key requirements from standards, and guidance on interpretation and practical application of the standards
  • An awareness of the differences between UK, US and inte…

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Didn't find what you were looking for? See also: IFRS, Report Writing, Financial Reporting, Persuasion & Influencing, and English (FCE / CAE / CPE).

This course is designed for financial accountants and controllers wanting a detailed understanding of international standards of the International Accounting Standards. Auditors, Analysts and interpreters of IAS/IFRS financial statements will also benefit greatly from the course and this course will also be of particular benefit to accountants moving into a financial accounting role from other fields.

Course Objectives

  • An in-depth working knowledge of the new ‘world standard’ of financial reporting
  • A technique for extracting the key requirements from standards, and guidance on interpretation and practical application of the standards
  • An awareness of the differences between UK, US and international standards
  • An understanding of imminent changes to IFRS

Course Outline

  • Introduction
  • Concepts and presentation
    • The IASB conceptual framework
    • IAS 1 - presentation of statements
    • IAS 10 - events after balance sheet
    • IFRS 5 - assets held for sale and discontinued operations
    • IAS 7 - cash flow statements
  • Policies and revenue
    • IAS 8 - accounting policies
    • IAS 18 - revenue
    • IAS 11 - construction contracts; revenue and work-in-progress
  • Inventory and property, plant and equipment
  • Group Account and International Standards

Laptop included.

*Course fee is not inclusive of VAT

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There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.