📘 International Financial Reporting Standards (IFRS) Training Course

Overview

🎯 Course Description

This course offers an in-depth understanding of IFRS (International Financial Reporting Standards), which are globally recognized accounting standards issued by the IASB. It equips professionals with the skills to apply IFRS in real-world scenarios, interpret financial statements, and manage transition and compliance in line with global accounting practices. It covers key IFRS standards with practical case studies, updates, and disclosures.

👥 Who Should Attend

Financial Accountants & Controllers
Auditors and Compliance Officers
IFRS Implementation Project Leaders
CFOs and Finance Managers
Analysts and Investment Professionals
Public Sector & NGO Accountants
Internal Auditors and Risk Managers

🧠 Training Format

Instructor-led sessions
Real-world case studies and scenario walkthroughs
IFRS checklist applications
Excel-based exercises for IFRS measurements
Open Q&A and group discussions

📅 Daily Agenda with Time Breaks

📆 Day 1: Overview and Framework of IFRS

Time	Topic
08:30–09:00	Registration and Introduction
09:00–10:30	History and Purpose of IFRS
10:30–10:45	☕ Coffee Break
10:45–12:15	IFRS vs. Local GAAP: Key Differences
12:15–13:15	🍽️ Lunch
13:15–14:45	IASB Conceptual Framework – Elements of Financial Statements
14:45–15:00	☕ Coffee Break
15:00–16:30	Recognition, Measurement, Presentation and Disclosure Principles

📆 Day 2: Assets and Liabilities – Part 1

Time	Topic
08:30–10:00	IAS 16 – Property, Plant and Equipment (PPE)
10:00–10:15	☕ Coffee Break
10:15–12:15	IAS 38 – Intangible Assets
12:15–13:15	🍽️ Lunch
13:15–14:45	IFRS 16 – Leases (Lessor and Lessee Accounting)
14:45–15:00	☕ Coffee Break
15:00–16:30	IAS 36 – Impairment of Assets

📆 Day 3: Assets and Liabilities – Part 2

Time	Topic
08:30–10:00	IAS 2 – Inventories
10:00–10:15	☕ Coffee Break
10:15–12:15	IFRS 9 – Financial Instruments
12:15–13:15	🍽️ Lunch
13:15–14:45	IFRS 15 – Revenue from Contracts with Customers
14:45–15:00	☕ Coffee Break
15:00–16:30	IAS 37 – Provisions, Contingent Liabilities & Assets

📆 Day 4: Group Accounting and Consolidations

Time	Topic
08:30–10:00	IFRS 10 – Consolidated Financial Statements
10:00–10:15	☕ Coffee Break
10:15–12:15	IFRS 3 – Business Combinations
12:15–13:15	🍽️ Lunch
13:15–14:45	IFRS 11 – Joint Arrangements & IFRS 12 Disclosures
14:45–15:00	☕ Coffee Break
15:00–16:30	IAS 28 – Investments in Associates and Joint Ventures

📆 Day 5: Presentation, Disclosures, and Transition

Time	Topic
08:30–10:00	IAS 1 – Presentation of Financial Statements
10:00–10:15	☕ Coffee Break
10:15–12:15	IAS 7 – Statement of Cash Flows
12:15–13:15	🍽️ Lunch
13:15–14:45	IFRS Transition Planning & First-time Adoption (IFRS 1)
14:45–15:00	☕ Coffee Break
15:00–16:30	Final Case Study, Group Discussion & Certificate Distribution

📂 Course Materials

IFRS Standards and Update Notes
Excel templates and case exercises
Disclosure checklists
Transition impact planning tools
Certificate of Completion

Target audiences

Reservoir Engineers, Geologists

$ 5,750

Course Features

Lecture 0
Quiz 0
Duration 5 days
Skill level All levels
Language English
Students 40
Assessments Yes

📘 International Financial Reporting Standards (IFRS) Training Course

Overview

🎯 Course Description

👥 Who Should Attend

🧠 Training Format