Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

IFRS Fundamentals - Comprehensive Workshop

By: Fontini Consulting Ltd

Abuja FCT, Nigeria

21 - 24 Nov, 2023  4 days

Follow Event


NGN 300,000

Venue: Alexis Hotel and Conference Centre, Plot 693 Obafemi Awolowo Way Jabi- Abuja

International Financial Reporting Standards (IFRSs) are the world’s most widely applied accounting standards. More than 130 countries now require or permit the use of IFRSs. Over 7,000 public companies in the European Union have complied with IFRS since 2005. Most other countries are either adopting IFRSs or have decided to converge their national standards with IFRSs.

This five-day course provides a rigorous and detailed overview of all major technical IFRS requirements, and includes illustrative financial statements, case studies, examples, coverage of the most significant IFRSs, and interactive participation from the delegates. This program answers questions such as:

  • What are the current and likely future requirements of IFRSs?
  • How are IFRS recognition and measurement principles applied?
  • Where can up-to-date information about IFRSs be obtained?
  • When are fair value measurements required?

Learning Objectives

Apply the requirements of the standards to prepare IFRS compliant financial statements, including the determination of appropriate accounting policies and identification of necessary disclosures.

  • Define the process of transitioning to IFRS and identify the first-time adoption exemptions and exceptions relevant to an organization.
  • Explain how the recognition and measurement principles of the IASB’s Framework apply within each accounting standard.
  • List the standards that require or permit the use of fair value measurement, identify how fair value is measured and specify where the fair value changes are recognized.
  • Apply the new standards on revenue, leases, and financial instruments.


  • Introduction to IFRSs
  • Brief history of IFRSs
  • Conceptual Framework
  • Fair value measurement (IFRS 13)
  • Content of IFRS Financial Statements
  • Presentation of financial statements (IAS 1)
  • Statement of cash flows (IAS 7)
  • Accounting policies, changes in accounting estimates and errors (IAS 8)
  • Discontinued operations (IFRS 5)
  • Events after the reporting period (IAS 10)
  • Operating segments (IFRS 8)
  • Related party disclosures (IAS 24)
  • Interim financial reporting (IAS 34)


  • Inventories (IAS 2)
  • Property, plant, and equipment (IAS 16)
  • Borrowing costs (IAS 23)
  • Intangible assets (IAS 38)
  • Investment property (IAS 40)
  • Impairment of assets (IAS 36)


  • Leases (IFRS 16)
  • Employee benefits (IAS 19)
  • Provisions, contingent liabilities, and contingent assets (IAS 37)
  • Share-based payment (IFRS 2)
  • Financial Instruments
  • Financial assets and liabilities, hedging and derivatives (IAS 32, IAS 39, IFRS 9)
  • Financial instrument disclosures (IFRS 7)
  • Income Taxes
  • Income taxes (IAS 12)


  • Revenue from Contracts with Customers (IFRS 15)
  • Foreign Currency Issues
  • The effects of changes in foreign exchange rates (IAS 21)

Business Combinations, Consolidations, Associates and Joint Arrangements

  • Business combinations (IFRS 3)
  • Consolidated financial statements (IFRS 10)
  • Separate financial statements (IAS 27)
  • Investments in associates and joint ventures (IAS 28)
  • Joint arrangements (IFRS 11)
  • Disclosure of interests in other entities (IFRS 12)

Transitioning to IFRSs

  • First-time adoption of IFRSs (IFRS 1)
  • Expected Future Developments
  • IASB Work Plan

Teaching Method

  • Group live instruction by specialist instructors
  • Review of the rationale and objective for IASB standards
  • Description and explanation of IFRS technical requirements in clear and simple language
  • Use of case studies and real-world examples to illustrate practical application of the standards.
  • Interactive participation is encouraged.

For whom.

Directors, Accountants, Auditors, and other Management staff who perform related functions in the public and private sectors including Banks, Oil Companies, Trading organizations, Government Ministries, Parastatals, Agencies, Commissions, Local Governments, etc.


Alexis Hotel and Conference Centre, Plot 693 Obafemi Awolowo Way Jabi- Abuja Nov 21 - 24 Nov, 2023
NGN 300,000.00
(Convert Currency)


A distinguished team of Facilitators who are eminently qualified professionals

Related Courses

Risk Based Internal Auditing (RBIA) Course Risk Based Internal Auditing (RBIA) Course

4 days, 04 - 07 Mar, 2024 

2024-03-04 12:03:00 2024-03-04 12:03:00
Abuja FCT, Nigeria

Fontini Consulting Ltd

Risk Based Internal Auditing (RBIA) is defined by the Institute of Internal Auditors (IIA) as “a methodology that links internal auditing to an organization’s overall risk management ...

Excellence in Human Resource Management Course Excellence in Human Resource Management Course

4 days, 23 - 26 Jan, 2024 

2024-01-23 12:01:00 2024-01-23 12:01:00
Abuja FCT, Nigeria

Fontini Consulting Ltd

This human resource management training course introduces you to the fundamental concepts in human resource management. In this course, you will learn how to: Understand the importance of the human. ...

Mergers and Acquisition Masterclass Mergers and Acquisition Masterclass

4 days, 12 - 15 Dec, 2023 

2023-12-12 12:12:00 2023-12-12 12:12:00
Abuja FCT, Nigeria

Fontini Consulting Ltd

This course is designed for you if you need to understand the Mergers and Acquisitions (M and A) market and how transactions are structured. Course benefits: Underlying corporate finance issues are ...

Financial Modeling Course Financial Modeling Course

4 days, 05 - 08 Mar, 2024 

2024-03-05 12:03:00 2024-03-05 12:03:00
Abuja FCT, Nigeria

Fontini Consulting Ltd

Financial modeling is crucial for taking investment decisions that can have a huge financial impact on companies. By attending this course, you will be able to effectively prepare and build financial ...