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IFRS Fundamentals

By: TSI Limited

15 - 17 Jul, 2015  3 days

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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
Sizzler House, 33 International Airport Road, Ajao Estate, Lagos, Nigeria Jul 15 - 17 Jul, 2015
(Convert Currency)

+234 8033467639

Richard Mayungbe, PhD, MSc, MBA BSc, FCCA, FICA, CPFA, ACFE, MICM, MIPN, Ch.MC, MITDGlobal Financial and Management Trainer, Consultant and Author
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